what i didnt know about chrome OS was that it is cloud based.

Ya Google chrome is all cloud based. Meaning you need constant internet connection to run the Google chrome OS. It's all browser based. The system is fast. It boots fast and gives you quick results. All Google applications are on the desktop so you can access them easily. The reason Google is doing this is because it wants to use this cloud technology to completely convert OS to cloud based. As broadband penetration is increasing and people are more glued to internet, Google is shifting th whole OS experience online. And as more and more application are internet based, i think this is the future. And this shift will definitely hurt and hamper other OS players in the market. Definitely the system is like browsing through the web than a conventional file system. Complete details are not known as of now but will be out soon. I will post a link which will show you the working of the system. http://www.youtube.com/watch?v=NqM6KVz2GLU&NR=1

Please see the link and the new Chrome OS system running on a sleek notebook.