I read about that, they'll be using Webkit.. or so I read, and a new Javascript core.
Will it be useful? I don't know... it's probably a marketing thing, lot's of users use Google but continue to use really horrible browsers. (Internet Explorer, for example..).
They claim it'll be open source, that's a big thing... it'll also bundle their "Gears framework" (Isn't that Java?).
Time will tell.
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