Sure Chrome has bugs, but what do you expect from a beta version? ... the thing is work in progress...
Yes, but *all* of Google's services are "beta".  Gmail, Earth, Docs, etc. etc. etc.
Really, take a look, and find me one Google service that isn't "beta".  
I agree with Bob's point about actualization, and having known many current/former Google employees I can attest that those in the trenches of the company have the best of intentions.
Larry, Sergei, and Eric, though, as well as the forces controlling them, I question.  I perceive shades of both 1984 and Brave New World, as paradoxical as that may be.
I am very much an internet dystopian.  The trend is very disturbing, and actually got quite a bit of air-time at OSCON this year.  In any case, Chrome, like all other Google products/services, will provide a very friendly user experience.  Just keep your third eye open to the possibilities of manipulation - they are very real and present.