You can install it and just not link to it, so it could just be sitting there without anyone knowing it was there. No harm in that at all and it would give you time to post at your leisure to "fill it up a bit" before you go live with it. You could even invite a few friends to help you out.
If you do install it and make it accessible to your viewers, the potential harm to your site is that it may look "dead" to viewers if there is not enough posting going on. That can give a bad impression, but I guess that may be a debatable issue. It is one of the things that is a judgement call for each individual.
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