In the economics world, there are so-called "Fed Watchers" that scrutinize everything about the Federal Reserve. After all, there's a lot of money at stake.

Well, in the blogosphere, there are Google Watchers. And, of course, there is a good amount of investor money at stake here.

The latest sighting:  a web page of the eagerly awaited GDrive.  Apparently, the Project is codenamed "Platypus."

The Google Watcher who made this coup is Corsin Camichel. He found a document about Platypus on Writely.com, which is Google's online word processor.

Basically, it looks like GDrive will be your ultimate storage system for your computer (and, of course, Google would like it to be your only one). 

In fact, some GDrive details leaked out during a March Google investor conference. Basically, GDrive's goal is to "Store "100%."

Suppose you lose everything on your computer (because of a virus). Using GDrive, you can recreate your system.

Other cool things:  Using the collaborative nature of Writely.com, GDrive will allow users to share files. What's more, there are sophisticated synchronization features for computers that run on different operating systems.

Think Google doesn't want to takeover the desktop from Microsoft? With GDrive, Google is likely to take enormous amounts of people's data onto the Web – that is, Google's Web.