Don't be fooled by the "it's mainly for web browsing spin"? It seemed pretty clear to me. Google's direction all along has been to move applications from the desktop to the web (which in many cases, in my opinion, is a stupid idea).
Google actually states: 'For application developers, the web is the platform. All web-based applications will automatically work and new applications can be written using your favorite web technologies. And of course, these apps will run not only on Google Chrome OS, but on any standards-based browser on Windows, Mac and Linux thereby giving developers the largest user base of any platform.'
Their comments about giving developers the largest user base of any platform are complete bullshit. Web developers already have that user base and not every application should be ported to run in a browser. At first, I cringed a little when I heard that they were getting pulled into an anti-trust investigation. Now I feel better about it. I have always had an uneasy feeling about an advertising company being able to gather and broker as much information about someone as they do. For Christ's sake, they archive, search, and use your EMAIL to develop more targeted ads. The idea that my entire OS could/would gather everything it could on me scares the crap out of me.
I realize I am sort of rambling, but I have two main points:
1) Not every app belongs on the web. In fact, most do not.
2) I am not comfortable with an advertising company being so in control of all of our private data. An earlier commenter pointed out what a big "win" this would be for corporations looking to deploy thin clients. How much of a "win" will it be to have Google searching, indexing, and archiving all of your company's sensitive documentation, all in the name of building better advertisements?