Google Chrome OS announced, It should just work

Google stated that the OS is designed to be fast and lightweight so you can get to the Internet in seconds. It appears to be highly focused on the "cloud" which makes sense given that Google provides so many cloud services at this time.
I particularly like to hear this statement, "We are going back to the basics and completely redesigning the underlying security architecture of the OS so that users don't have to deal with viruses, malware and security updates. It should just work." Isn't that what we all want?
Google also made sure to mention Android in their announcement and attempts to distinguish it from Google Chrome OS. Even after reading their statement (copied below) a few times I still don't really see much of a difference between the two. It seems to me that people with Android smartphones spend most of their time on the web too.
Google Chrome OS is a new project, separate from Android. Android was designed from the beginning to work across a variety of devices from phones to set-top boxes to netbooks. Google Chrome OS is being created for people who spend most of their time on the web, and is being designed to power computers ranging from small netbooks to full-size desktop systems. While there are areas where Google Chrome OS and Android overlap, we believe choice will drive innovation for the benefit of everyone, including Google.
Competition in the mobile space is usually always good since it makes everyone who wants to compete push to turn out better products and I am excited to see what the Google Chrome Operating System brings us in 2010, are you?