Gdrive is basically a cloud-based storage that should have two faces: A desktop client that keeps local and online files and folders in two-directional sync via a web interface for accessing your desktop files anywhere and anytime, using any network-enabled computer. In addition, it will come tightly integrated with other Google services to enable editing of supported document types, like spreadsheets and presentations via Google Docs, email via Gmail, images via Picasa Web Albums, etc.
This opens powerful possibilities. For instance, you could start working on a spreadsheet at home and continue via Gdrive web interface accessed in an Internet cafe. When you arrive back home, changes to the spreadsheet have already trickled down from the cloud to your desktop.
Kiss your hard drives and memory sticks goodbye!
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