Don't know if you saw it - but it's official:
Google Web Hosting has arrived.
Here's a brief synopsis:
Several online sources including Google Engineer, Matt Cutts' Blog have confirmed that the new web hosting product is currently live and available at:
http://pages.google.com. The product is named Google Page Creator, and according to Google as described on the product page:
''Create your own web pages, quickly and easily.
Google Page Creator is a free online tool that makes it easy for anyone to create and publish useful, attractive web pages in just minutes.''
What, if anything, do you think this will mean for the web hosting industry?