I am watching the key note for Google I/O 2012. There are Android 4.1 and Project Butter.
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I have a start up company. I have not much resources and I need to travel sometime. Thus, I need a SVN server in the cloud. Even I am traveling, I still can commit the code to the source control. I need to do the development everywhere. I found a Cloud Source Control Provider, CloudForge. They supports GIT and SVN. Moreover, the first user is free. That sounds suitable for me.

Besides of Nexus 7, in Google I/O, they announced Nexus Q. That is a kind of entertainment center. It can connect to TV and speakers. It sounds like an Apple TV killer! Well, that has more functions! It can controlled by your Android phone and Tablet. In addition, it can do social streaming. It's cool!
Moreover, I love that sounds quite creative. It is not in a box, Google turns its new product into a Sphere! It looks fresh!
But that is a bit sad, it only can be pre-ordered in U.S. for $299.

Source:
Google Blog

In Google I/O, they announced their own 7" Tablet,Nexus 7. That sounds fast and light, 4 cores CPU and 370g weight! That will be suitable to be a e-book reader and movie player. The most important feature is it can be carried by one hand!That is easy to carry around!

Moreover,I think it should have the latest version android. It will be available around mid-July in U.S., U.K., Canada and Australia. We,our aussie, can have one! We need to place the order in Google Play for AUD$249. Well, this times, Google Builds it and sells it too! That's cool!

Source
Google Blog

I went to City today. I saw a real Galaxy S3 in Vodafone phone! The phone is not too big, that is still similar with Galaxy Nexus. Moreover, it is very light weight! That is so good! Lastly, that has a Samsung version UI, that sounds more than the original UI. That is only a drawback, that is quite expensive.It needs $59 plan!