The new browser will probably do to Firefox for Android (which, realistically, hasn't taken off that much anyway) what it has done on the desktop. Chrome for Android will likely also steal of lot of downloads from Opera and Dolphin Browser.
Sign in and sync
As you can on the desktop, you will be able to sync your tabs, bookmarks, etc. across "sessions" whether on the browser on your laptop or on your Droid 4. You don't have to sign in, but you'll be asked to do so as soon as you install.
Of course, those of you who are very tab-centric might wonder how that is going to work on a small screen, meaning syncing all those desktop tabs to your smartphone, and thus we come to ...
Tabs as cards
Think of it as an homage to webOS. Your tabs can really be imagined as a set of cards that you flip or swipe through.
It wouldn't be Chrome if it wasn't speedy and Google is touting that. The Verge took it for a spin and managed a Sunspider 0.91 score of 1923.5ms with one tab open, while seeing 2175.1ms we in the old browser, for an improvement of 13 percent.
To be clear, beta means just that: beta. It's got bugs, and stutters and stalls sometimes, but it will get beta. Hopefully it won't be in beta for years like Gmail.
Watch a Chrome for Android video demo below.