Wow.... I've had the impression that Chromebooks were for people that "just needed the basics". Which is sort of funny when Android users say iOS is for "simple people", but they would in turn undoubtedly praise Chrome OS. It seems it has Facebook, Office type programs, web browser, and not much else. Honestly an iPad is half the price and has far more functionality. There are plenty of good cases with keyboards for the iPad as well.
It seems almost hilarious that Google is pricing it this way. Not to mention the fact that it has 5 hour battery life and USB 2.0.... maybe it's to test if there's any sort of Android/Chrome/Google loyalty?