38
One additional thing worth noting is this:
If you fail to handle an exception in your constructor, you'll get a TypeInitializationException. While that may not seem so bad, the truth is that it conceals the real cause of the problem, and makes it harder to track down.
If, on the other hand, you use an object initializer, you're invoking each property individually outside of the constructor, and any thrown exceptions will be very clear and very evident: they won't be masked by the TypeInitializationException.
In general, it's a bad idea to throw exceptions in a constructor. If you want to avoid that scenario, go with the initializer.