It looks like Google decided to fast track a version 1 release, probably hoping it will be an acceptable deployment for enterprise and computer manufacturers.
It is still lacking a few important features like client certificate support, but it’s fast and stable. If you are heavy user of Google web applications and want the extra features or simply looking for new browser alternative head on over to Google to give it a spin. If you just want to test it you can simply leave the ‘make it my default browser’ setting unchecked, it’s easy to change that once you become a true believer.