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Chrome OS and Ubuntu are a unstable version of Debian, upgraded for each 3rd part organization.
Not exactly, ubunutu is stable version of debian. Most of the ubuntu team members are also part of debian community. Unstable debian version is patched and results are committed back to debian tree by ubuntu.
Check debian's role for ubuntu. Ubuntu being derivative of debian is much stable and release cycle's are of 6month. You can read more about discussion on ubuntu's stable version cycle in comparison to debian
here.
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I was wondering why this topic was posted now, after 1 year (I think) from Chrome/Google OS launch
Chrome OS is not officially launched. There are some developer beta leaked and screenshots are shown on lifehacker blog.There is announcement about ChromeOS being shipped with netbooks. But no official announcement and download site is up yet.
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