Time machine question

[CebuCity]

If Lion was preinstalled on your MBP then you have a recovery partition. Press Command + R as soon as you hear the POST chime (bong) and the machine will boot to the recovery partition where you can use Disk Utility to do general maintenance such as repairing permissions and verifying the hard drive.

You can also completely erase your hard drive and reinstall Lion from the recovery partition

Is the recovery partition resides in my Macintosh HD? if yes, so one part contains recovery with lion installer and other stuffs and the other part contains installed lion, apps, files etc. am I correct? I know this is quite obvious but I just want to make sure.hehehe
Thanks!

If your hard drive should crash so that it is inaccessible, the recovery disk you made can be used in lieu of the recovery partition.

So the recovery disk I made contains lion installer right? But it has only less than 2G of file, is that the whole lion installer? Seem too small.

Thank you @chscag