There was an article on slashdot regarding the registration of gbrowser.com. Some dude who was as early investor in google said that they weren't going to be entering the newly emerged browser wars. Check out these comments...
Now it makes you wonder why Google registered gbrowser.com?
>> No it doesn't. They also registered googlesucks.com, but I don't
>> think they feel that way about themselves.
>> They registered Googlesucks.com? This is clear evidence
>> they're entering the vacuum cleaner market!
>> Crap! I was hoping it was an adult content
>> search engine :(