Lately I’ve been worried about Firefox. Ever since its debut in 2004, the open-source Web browser has won acclaim for its speed, stability, and customizability. It eventually captured nearly a quarter of the market, an astonishing achievement for a project run by a nonprofit foundation. But recently Firefox seemed to go soft.

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Google’s release Tuesday of a test version of its new open-source web browser, Chrome, marks an important moment in the ongoing shift of personal computing from the PC hard drive to the Internet “cloud.” I distinctly remember when, back in 1988, Apple Computer added MultiFinder to its Macintosh operating system, allowing my beloved Mac Plus to run more than one application at a time. That was, for us Mac users, anyway, a very big deal. Chrome–if we can trust the comic book–promises a similar leap in the capacity of the cloud to run applications speedily, securely, and simultaneously.

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Why is Google building a browser? A better question is, why did it take so long for Google to build a browser? … “The browser matters,” CEO Eric Schmidt says. He should know, because he was CTO of Sun Microsystems during the great browser wars of the 1990s. Google cofounders Larry Page and Sergey Brin know it, too. “When I joined Google in 2001, Larry and Sergey immediately said, ‘We should build our own browser,’” Schmidt says. “And I said no.”

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