Ted got a few things wrong
A anon coward replied to most of the points about, but does Ted bother to consider how much he gets wrong?
"Corporate IT workers everywhere have to port decades of esoteric business logic codified into Excel macros to Google Spreadsheets"
Just how out of date are you? Having business logic embedded in spreadsheets was never a good idea, and Excel macro's have been a security risk for about 15 years since people started to email them around. These days business logic is held in RDB's accessed via the Intranet. Even MS will tell you to use Sharepoint and their custom solutions - not Excel.
"Have you ever tried to use Google Docs for any serious task?"
No; but I certainly use websites for serious tasks. Given that your job is publishing on line rather than on dead trees, don't you?
"The Microsoft Office institution will not easily be overthrown by a bunch of jokers writing JavaScript"
You better tell MS about this; they are offering Office Live.. on the web. You will be able to use the 'Microsoft Office institution' on Chrome OS. In fact I already have run Office via a Linux desktop with Citrix.
"Can you replace Active Directory with a web app?" Why yes actually; (try FreeNas sometime), though you seem to be confused about what a 'web' app is. If you mean a IP based service, then very much so. Not that I think the target platform (a netbook) will be used as a corporate server, but you could run Samba (remember AD is based on open source protocols that MS borrowed).
"Is there a site I can visit to connect to my office's shared printer?" Printing. Yeah, I remember that; not that people do a lot of printing from netbooks or iPhones, but our office HP printer seems to work fine from Linux and OSX boxes so I assume. You might also want to check out online printing services; for photo's they can be better than via your office printer.
"What do you mean World of Warcraft doesn't run in the browser?"
It can - Blizzard can and probably will make this happen. My kids play Runescape (and a surprising amount of other games) in the browser.
"How do I play a DVD in Google Chrome?". Same way you play DVD'd in any netbook!. I have a full sized notebook & have use the DVD drive about 3-4 times per year - mainly to back up files for somebody. 8GB USB sticks are now cheaper than a stack of DVD's; software is installed via the web, and music & video is downloaded.
"Keep whackin' away on that Pareto Principle and let us all know how it turns out"
Power laws work pretty well; classic case is that while mainly web-apps are not as good as desktop software, they are cheaper and 'good enough' for 90% of people; case in point MS having to abandon Money, Encarta and the like. Also, in case you haven't noticed, Netbooks are a fast growing market segment, and appliance devices like the iPod and iPhone seem to be pretty popular.
"In the meantime, I'm going to go play a few rounds of Counterstrike on my Windows-based PC, because the best that my browser can do is Tetris. I'm sure that HTML5 will bridge that gap any day now"
What, you are posting from the 1990? Guess you haven't got the message that PC gaming is dead. Killed by complexity, hardware cost and piracy that is the flip side of the Pareto equation. I have XP & Vista machines but like the vast majority of people, play games on console, mobiles and in browsers. Even if you stick Win7 on a netbook, Crysis is not going to run well on an Atom powered platform.
"The notion that Google Chrome OS is going to take any serious market share away from Windows is a product of the pathological Silicon Valley attitude that newer is always better"
That's exactly the attitude that hit MS; given that MS own the desktop, you think that everybody would use IE, Live/Bing, or Windows Mobile devices. They don't. If competitor comes along with a device that 'just works' then it can change the market. See iPhone, iPod, Asus 701 etc.
"In terms of functionality, web apps have been a regression from their desktop counterparts. Run business apps over a faulty network instead of from your hard disk? What could possibly go wrong? Can I buy an extended warranty with that?"
Yet I do all my banking on the net, replying to your post on the net, about to buy a new car on the net, sell software on the net... MS are pushing there key apps onto the net.
Its not like you local hard-disk won't fail. People have tried things like Gmail and found over the last 5 years that it is not perfect; but cheaper and more reliable than a local Exchange server. Good enough for most.
"Indeed. That's probably why desktop Linux machines with Firefox have already taken such a foothold in the consumer market"
Well Firefox has taken more than a foothold - about 50% of the market on my logs. Given that XP is 'free' with machines, why would a consumer need Linux just to fire up a browser?. Windows XP & Win7 are perfectly reasonable free OS's, even if they mostly do not come with FF and Open Office built in (but do come with the blue 'E' which I tell people is there to make downloading FF easy). Maybe in 2010 I would like to see a straight choice between a cheap Asus netbook running ChromeOS (booting and being ready in seconds with software all ready to go) and the same netbook but loaded with Win7 and Office (live?) for another $100. Question will be; will people pay the difference for Windows? What if they are buying 100 at a time for libraries, terminals in call centres, cafes etc?
And the consumer market is not Linux vs Windows; its people buying iPhones, Palm Pre (whoich people have overlooked as the prototype Browser as OS) and OSX as well.