I don't doubt they are launching this but I'm surprised Google is launching such a consumer-facing product at a developer conference. Perhaps there is a developer/API angle but I doubt it.
It would be like Steve Jobs launching a new version of iWork at WWDC. Sure, it's great, but it doesn't have any impact on developers.
I don't know about Google I/O, but WWDC has always had announcements of consumer products: iPhone 4, FaceTime, iMovie for iPhone, upgraded MacBooks, MobileMe,...
It would be like Steve Jobs launching a new version of iWork at WWDC. Sure, it's great, but it doesn't have any impact on developers.