Overall I am happy with the browser.
It is fast, pages display content as I expect them to (on most sites), and the overhead is low.
I also appreciate the built in development tools, tabs at the top, and large viewing area. The status bar and download bar are both welcome browser changes. I also enjoy the resizable text box form elements.
Some other neat features include the "Find" showing where on the scroll bar all the matches are located on the page and the incognito browsing.
I hope that Microsoft recognizes that this is yet another web browser with built in spell checking and that IE8 really needs to have its overhead trimmed down. If this release by Google does nothing more than put pressure on Microsoft to improve their bundled browser... well then I think it is worth the effort.
I have had a few problems with the browser, but I assume that these are the types of beta issues that will be cleared prior to a full version being released.
1) Scrolling is an issue for many people. It works fine for some, but fails for others.
2) Text boxes using the TEXTAREA html tag sometimes have a hard time with showing text as it is being updated. As soon as the cursor is clicked outside of the TEXTAREA the content is updated and looks fine.
3) The bottom scroll bar doesn't always consolidate as quickly or well as it should. It often times remains there even if not needed.
4) It would be great if the options dialog boxes had OK, APPLY, and CANCEL buttons instead of just "Close". Windows users need confirmation that changes are set in place.