I think in your case, your right, Chrome OS doesnt fit.
But eventually there will be Web apps as good as the local programs for doing what you want: BitBucket, for example, could launch an online editor that integrates with them.
Think how much people use the internet, email and chat. I use my netbook almost exclusively for those things - and I dont think I am alone.
Be more secure. Maintain itself. Cost nothing. Not lose your data when it crashes or is reinstalled. Not require any installations or upgrades for any software you use, ever.
Limits to some of us are freedom to others. It all depends on perspective.
I really do think you are missing the point mainly due to being a power user / hacker. A lot of my friends who are casual computer users a) have netbooks and b) are a perfect target market for this.
Some are already asking me about Chrome OS with interest.
Try to think of it as if your a joe user with little technical knowledge.
But eventually there will be Web apps as good as the local programs for doing what you want: BitBucket, for example, could launch an online editor that integrates with them.
Think how much people use the internet, email and chat. I use my netbook almost exclusively for those things - and I dont think I am alone.