Introducing Google Chrome Frame

Introducing Google Chrome Frame:

"With Google Chrome Frame, developers can now take advantage of the latest open web technologies, even in Internet Explorer. From a faster Javascript engine, to support for current web technologies like HTML5's offline capabilities and <canvas>, to modern CSS/Layout handling, Google Chrome Frame enables these features within IE with no additional coding or testing for different browser versions.

To start using Google Chrome Frame, all developers need to do is to add a single tag:

<meta equiv="X-UA-Compatible" content="chrome=1">
"

I guess that's good news. Makes you wonder why the target audience wouldn't just install Google Chrome. But I suppose this lets people continue to use IE while using modern web facilites on sites which require them.