Interpreting Google's Browser, Chrome

Despite the news of Google's entry into the browser market being released just two days ago, the industry is already flooded with news about Chrome. Major media outlets like Wired have also released two reports and reviews in one day. Slashdot has had three news stories in two days, quickly attracting over 500 comments. The Google browser easily became the top news story in an otherwise idle industry after the summer break.

So, what is Google Chrome? What are Google's intentions by entering the browser market which already has four major competitors? What will the future hold for Chrome and its competitors? How will Chrome impact users? Based on the official release comic, multiple professional media reports, and comments from Slashdot users, the author makes some bold explanations and predictions.