The big news today was about Google Chrome. Chrome is web browser built by Google based on Webkit that is going to be their way of finally killing off Microsoft. They actually created an online comic book to explain why they created Chrome and the technology behind it.
Notice the window decoration with tabs, navigation, etc… Selecting the Create Application Shortcuts option will create a Start Menu, Desktop and/or Quicklaunch shortcut to the page you are viewing. Opening the shortcut opens the page as a pseudo-application, like this: