No, it's an O/S that the machine will boot from, but it's purpose and interface is designed for and on the web. At the moment, it looks like it's function is to start up a web browser. You might call it a B/S (browser system)
Quote: "Speed, simplicity and security are the key aspects of Google Chrome OS. We're designing the OS to be fast and lightweight, to start up and get you onto the web in a few seconds. The user interface is minimal to stay out of your way, and most of the user experience takes place on the web."
It may have additional features that are not WEB related, but they have not mentioned any. Their interface images display only WEB related functions and content.
Quote: "If the netbook is using an Atom processor, than I suggest you commit yourself to a mental institute."
I seems difficult to understand that some people use netbooks for email, web browsing, etc and not for game development. Business people understand why you don't carry your desktop around with you, or why you don't buy a 3000.00 laptop when you have a desktop in your office or home.
Brian.