Google says it by release Google Chrome
While I am still wandering is Google going to create their own browser, and yes, Google release their open source browser Google Chrome, which base on WebKit and Mozilla.
Since Google has a close relation ship with Mozilla Foundation (Mozilla Foundation earn 10 of millions through partner ship with Google, refer here), Google is no hurry on releasing their own browser. Seems like Google is not satisfied with Firefox and can't wait to release their own browser, Google will do it when the time is right.
Should not be a surprise, since Google already building their own browser on Android platform. A desktop version of Google browser will be released, if not now it will be the in the future.
Some website says Google Chrome was accidentally announced, but I think it is a very good marketing after 1G Gmail account. There are more that 700 (now over 2000) news reporting on Google Chrome, is one of the top keywords on twitter search.
Another unavoidable browser war for Google and Microsoft has just begin, and this is just a warm up.
Google Chrome can be downloaded from here.