Have you heard about google's new browser?

Is This supposed to replace MS Internet Explorer? I was watching Fox News this morning at 5am MST (yes I get up that early hee hee) and there was a Business Report about it.

Googles new Internet Browser is supposed to work like a comic strip they said, something showing at the end. I didn't really get the beginning of the report, but definately sounded interesting.

Does anybody know more? Any ebooks out there on it/about it? I don't know about it being a beta version, but I'd like to see what it has to offer as a web designer.

-J