Forgive me if this question makes little sense -- I'm not a physicist, only an interested observer.
As I understand it, time is dilated in gravitational fields and the stronger the field the stronger the dilation -- the slower time flows. The sun is more massive than the earth, thousands of times more massive in fact (330k times afaik).
So, does this affect our observations of the sun? Is it taken into account when working out the physics that we're observing? When we watch a solar flare, are we watching it in slow-motion? Do solar winds accelerate up the gravity gradient towards us? Does this affect the measurements taken by SOHO (which is much further down the gravity well than we are)? And, does the Earth's constant acceleration affect these measurements too?
I realise that's lots of questions, but really I think it's just one: how does time dilation affect our observations of the sun?