Chrome OS is actually a web appliance, not an operating system

Google unveiled more details about its much-anticipated Chrome OS at a press event at its Mountain View, Calif., campus today, but those who were hoping for a beta release of the OS were in for a disappointment, according to Info World. "We aren’t launching the product today. There is no beta today," said Sundar Pichai, vice president of product management. "Our target is the end of next year. We want to be there for the holiday season."

Developers who want a closer look at the project, however, will get their wish. Effective immediately, Google is releasing the Chrome OS code to the public under an open source license, along with the associated design documents. "As of today, the code will be fully open," said Chrome OS director of engineering Matt Papakipos, "which means Google developers will be working on the same tree as external developers."

Chrome OS is Google’s latest attempt to further its concept of browser-based computing, in which the traditional PC desktop is deemphasized in favor of a completely Web-based experience.

At the heart of the new OS is the Chrome browser, which Google has been developing as an alternative to competitors such as Firefox, Internet Explorer, and Opera.

A Chrome OS computer will run no local applications, Pichai explained, and user documents and other data will be maintained via Web-based cloud storage. "With Chrome OS, every application is a Web application," Pichai said.

Applications running on Chrome OS will benefit from the Chrome browser’s support for HTML 5 standards and its accelerated JavaScript engine, which Pichai said now executes JavaScript 39 times faster than Internet Explorer 8. (Microsoft claims that IE9 will close the gap, although it has given no sense of when IE9 might ship.)