Wow. This combined with their experimental spdy:// protocol (that is positioned to replace http) could really change what we can do on the web. Again.
"Google is getting into the broadband business. The company plans to deploy its own “experimental” fiber-optic network to at least 50,000 homes, perhaps as many as 500,000. The fiber-optic network will deliver speeds of 1 gigabit-per-second, which is more than 20 times faster than residential fiber optic services offered today in the U.S."
(via Google Plans To Deliver 1Gb/sec Fiber-Optic Broadband Network To More Than 50,000 Homes)