It will be nice when that day comes that I don't have to endure a two minute boot of a PC just to get to google and check some stats.
I doubt though this will put Microsoft out of business. Competition will force them to adapt, like they always do when threatened. Look at the stagnation of IE 6 until Firefox threatened, then bam, IE7, IE 8 within what a year?
Maybe we'll finally get that lightweight Windows desktop OS they have been promising for like, ever. Competition is a good thing.

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