We don't comment on rumour or speculation.
Has there ever been a statement related to a new product that Google has given to El Reg that hasn't consisted of exactly those words?
I can see 'Google Music' myself, it's one of the larger commercial areas of the net so it's not exactly surprising that Google would want to get their dirty mitts on a slice of the pie. Now that you mention it, I'm actually more surprised they haven't done it before now. Although dare I say, perhaps 'Google BitTorrent Search' would get them more hits/ad-clicks...