Google Announces Chrome OS
The first few paragraphs were promising too. Fast, turn it on and in a few seconds you're on the web.
But looking more closely, one can find the following statement:
The software architecture is simple — Google Chrome running within a new windowing system on top of a Linux kernel
It's called, a Linux. It's actually not an announcement of anything. Google will try to profit from Linux, just like many others before them. Yes they have the power and ability to make it much better. On the bright side, from the statement above one might conclude that the kernel is the only thing they will take from Linux. A silver lining indeed.
But will it compete with Microsoft? Consider the following statement, made before revealing that Google will use Linux:
Google Chrome OS will run on both x86 as well as ARM chips and we are working with multiple OEMs to bring a number of netbooks to market next year
Netbooks (for now?) - are not direct competition with the home market and the business desktop and server market.
Microsoft might still pull a fast one with Windows 7, but not many are too optimistic. (Which could be an actual advantage for the few investors who are still bullish on MSFT).
Just thinking out loud.