Firefox, Internet Explorer, Opera, (many others like Prism)… now another Web browser? From the all universal Google? Wow! They are spreading their wings far.
From what I read, they have borrowed parts of Mozilla’s FireFox and Safari’s webkit to bring the best of both worlds to a new, cleaner and faster browsing experience.
I’m sure since this is from Google and we all use so much of Google’s online applications – Gmail, Google Search, Google Reader, Google Maps… etc, these sites would be optimised for their own browser.
The beta is slated to be released 3rd September 2008 for Windows only.
Let the browser wars begin! 
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