OP, you're about 6 weeks ahead of me in the program.
I started SL 5x5 3 weeks ago. I haven't noticed a change in my weight but my pants are actually starting to fit better.
I'm 41 years old and 110 KG (242 pounds, so yea, I'm a fatass, I know). I took 2 years off from working out when I retired from the Army and it showed. I was pretty disgusted with myself. I was never much of a gym rat, so I was looking for an easy to follow routine and SL 5x5 came up.
Today's schedule is
Squat @ 35KG (77 lbs)
Bench @ 27.5KG (60.5 lbs)
Barbell rows @ 37.5KG (82.5 lbs)
My biggest personal challenge are that my "gym" (a small weight room in my apartment complex) doesn't have a squat rack. I've been doing squats with a dumbbell and will have to start cradling plates pretty soon. Not sure what to do about that one.
I took a big step backwards on the bench, but wanted to follow the program, so right now the bench press is kind of a break for me. I had never done a squat, deadlift, or overhead press in my life before starting SL5x5. There was a big mental barrier for me, but I've overcome that and actually look forward to being in the gym for a while. I really like that I can be done with the daily workout in about 35 minutes, pending I don't have to wait on anybody.
Just wanted to share and let you know there are other SL5x5'ers out here. It's a decent program for beginners and novices, pending we keep with it. I can see myself transitioning to a 5/3/1-type program in the future though.