This is about selling computers like phones. Little to nothing upfront and monthly payments for amortization and service. Having a Chrome netbook/tablet delivered to you for monthly payments of $10/mo. to $20/mo. for a couple years is a game-changer. I wonder if they're Google branded?
Exactly, which is why I hope it doesn't take off. The subsidy model has been lousy for mobile phone buyers; manufacturers have greatly reduced incentives to provide support after the initial sale because you're locked in for the contract. If you want a computer on an installment plan, use a credit card.
PeoplePC did this about a decade ago, as well as one other service provider I think. Subsidizing inexpensive commodity commuters as part of an internet service package.
It'll be interesting to see what success Google has with their attempt, and what they do differently.