Unless you want to implement Linked Mode, the vCenter Server Appliance (vCSA) is now really well suited for a production environment.
The installation of the appliance is pretty straightforward and will let you skip the lenghty installation of the Windows machine, the SQL server and all relevant vCenter components (Single Sign On, Inventory Service, vCenter…). You will get a vCenter up and running in a few minutes!
What about updating ? Well, it’s even easier than the installation! Let’s go through the process by updating our vCSA from 5.5 update 1 to 5.5 update 2 (it should work for any 5.x update also).