Google folk were rumored to be catching their breath. No. Rather than doing new products, they're extending existing products in innovative ways and discovering innovative, micro-NLP based, ways to do ad-hoc interoperability across Google and with non-Google products.
I have an embedded link one one of my blogs to a Custom Search Engine. Today when I used it, a dialog box appeared asking if I'd like to add this custom search to the button list that appears next to the search box in my Google Firefox 3.0 beta toolbar.
I said yes, and now it's there. When I get home and login to Google/Firefox, I would not be astonished to see the button migrate.
Today I noticed the addition of the 'call' link to Google local search, as well as a few other clever tweaks (though they need to do better about exposing links so one can send a link to recreate a local search context).
Google is not slowing down. If anything, they're ramping up. Scary and exciting.