Crunchbang Time #!

To set time in Crunchbang Statler:

sudo apt-get update

First update the system.  

sudo install ntpdate

ntpdate is the pkg to sync to time server.
edit: I have had to do this through the pkg manager (i.e. synaptic) this doesn't seem to obtain ntpdate anymore? as of 11/29/2011

sudo dpkg-reconfigure tzdata

This will enable you to set/change your time zone even if you had previously set this to the wrong location.