The above image is not from the Google Chrome OS. It is a fictional screenshot.
1. It is based on Ubuntu
2. It is meant for netbooks and SoC (system on a chip) systems.
3. It really is a thin client internet OS
4. Optimized for 3g carriers.
5. Developing for it will be like building AIR apps.
6. Will be based on SSD hard drives.
7. Is positioning to dominate the netbook market
8. Will run very effectively on ARM.
9. It will be fast, low RAM usage and cheap for netbook makers, GPS ...