You may have heard around the Internet rumor mill that Google is currently hosting a Chrome OS event where journalists and bloggers alike were invited to preview the brand new operating system from everyone's favorite search provider.  Well, we're not there, but Gizmodo is! We'll provide you with some key highlights from the event as time progresses. Stay tuned! And check back at the end of the day for all the relevant Apple/Google Chrome OS information.

- In Chrome OS, every application is a web application

- Google is a YEAR away from announcement, but no beta as of yet.

- Chrome for Mac will be coming "this year", "very close to launch.."

- Google Chrome OS hopefully be as close to a regular OS in functionality as possible while still being web based. 

- All this is open source so you can download AND build it today. 

- All Chrome OS devices will be solid state drives. No moving parts.

- Chrome OS devices will be in the price range that people are used to, which means it depends on the hardware partners.

- Chrome OS will run Android apps (possible to have an application store, Google toying with idea)

- To get Chrome OS up and running, you'll need a netbookand a screwdriverfor recommended components

- Google working on performance intensive deksktop apps to be writtein in Chrome OS andno plans yet to work with Microsoft

- Hardware details announced in middle of year; for now it may just be netbooks

- Google working on reducing disk space

- Only supporting web apps

- Same advertisement experience as you now have with Google 

- You can use the source code with virtual machine

Don't know what Chrome OS is? Watch the video: