In an amazing turn of events Google seems to be working on their own open source version of a full fledged webbrowser. Although unconfirmed by Google the details presented by Google Blogoscoped are detailed and exciting.
We will post more details as they come available but in the mean time go and visit Blogoscoped and check out the specs and illustrations.
UPDATE: Now confirmed by Google on the official Google blog. More detailed reviews and first impressions can be found on Techcrunch, ReadWriteWeb and the official Chrome website (oops, down again).
And a real screenshot:
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