According to the Official Google Blog, Google has released the first cut of the Google OS source code. The code is open-sourced and Google is hoping that the open-source community gets behind this and helps to develop this product.
The following video describes the background behind the Google OS project and some of the drivers.
Stay tuned for more.
Update
After watching some videos about this announcement I am a bit disappointed in the approach Google has taken with the Google OS. Although the idea of an OS that makes use of the 'cloud applications' is a good one I think that for users in Australia it will be a disappointment due to the lack of a persistant network connection that is reasonably priced.
Most Australian cities do not have good coverage of wireless hotspots and the use of the 3G network for this device would be very expensive. It would also compete directly with Google Android.
Maybe in a couple of years we may find that the wireless networks are more ubiquitous and this type of device will be more useful. Until then most users will require a netbook that is able to be used without a network connection.
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