"With hardware-accelerated canvas, overflow scroll support, strong HTML5 video support, and new capabilities such as Indexed DB, WebWorkers and Web Sockets, Chrome for Android is a solid platform for developing web content on mobile devices."
"Much of the code for Chrome for Android is already shared with Chromium and over the coming weeks, the Chromium team will be upstreaming many new components developed for Chrome for Android to Chromium, WebKit and other projects."
"Chrome for Android is derived from Chromium. Because of the ICS release timeframes, we haven’t started the open sourcing process until recently. New capabilities added for Chrome for Android will be open sourced in phases, by upstreaming components of it into Chromium, WebKit, and other projects, while maintaining the integrity of those projects."
EDIT: Looks potential: http://blog.chromium.org/2012/02/deeper-look-at-chrome-for-a...
"With hardware-accelerated canvas, overflow scroll support, strong HTML5 video support, and new capabilities such as Indexed DB, WebWorkers and Web Sockets, Chrome for Android is a solid platform for developing web content on mobile devices."