Hey Mike, looks to be a good start.
I think your LR is fine, but it does look like you have about 15 pounds in there now and I would do what Subie said and get another 10-15 pounds in there. You will want to do this as soon as possible so the cycle goes smoothly.
As for that hair algae, is it growing on the back wall? I think now is the perfect time to get it while you can especially since your tank isnt that full. Scape off that algae and remove it from the tank. Keep off your lights for now. I wouldnt worry about it too much, as long as your on top of it, getting the proper filtration going, you will get rid of it. Check out Nissan's, Subielovers, and Catfishcity's thread and they really turned their tanks around with the algae. I think your in a good position because your just starting.
Feel free to post test results too!