Only things it REALLY lacks if full page zoom and autoscroll, but those are both Webkit issues and will probably be fixed when (if) Google updates to a later Webkit version.
How you'll ever get your bookmarks to synchronize is a thing to consider too.
As for the EULA, etc, it's an open source program. If it was doing something bad, you would know it. I wouldn't worry too much, I think Google just wants a popular browser that isn't famous for blocking ads.
This isn't a disaster like the Windows version of Safari was at least.
It├óÔé¼Ôäós a nice browser with some interesting concepts although I cannot see myself using it until someone ports all the useful Firefox plug-ins to it.
The two things I'd like to see most in a final product are a full-featured download manager and an AdBlock-like system for blocking ads and *scripts. Which I'm sure will either get added by default, or be made as plug-ins.
Read an article by TheInquirer yesterday, analyzing who has the most to lose in light of Chrome. They claim it's Firefox, and to me that makes sense, since IE's marketshare is decreasing predictably these days, but the balance of browsers has a real potential to shift away from the current trend and towards the favor of Chrome. WebKit is also becoming the most-used rendering engine throughout the embedded industry, so Mozilla is starting to lose ground both app and platform wise.
Oh, and it's also cool how I can resize the text area for this posting window...is this due to Chrome or did we get a phpBB update?
Its a pretty damn good browser, but its not quite there yet. I absolutely love the multi-threading and the task manager - Its about time someone recognized that the browser is the new OS, and that a web page crashing should not cause the entire browser to crash. Also its seriously fast, and its resource usage is impressive. However, its missing a couple of big features:
1. No built-in RSS (big killer for me, I use livebookmarks almost every few minutes - and I don't want to use a separate app or web portal to access them)
2. Relativity poor bookmark manager
3. No plugins/add-ons
If chrome could do these I would seriously consider making it my browser of choice.