It might be a good move for developers in the short term but it’s a bad move for developers and the web in the long term. We need to keep the web APIs vendor neutral so that one company cannot take control of the future of the web, and move it to benefit only themselves.
The number of barely-standardised APIs they’re adding to Chrome is astounding. It's great to push the web forward, but the fact that product teams at Google have a direct connection to the Chrome team allows them to prioritise the features that benefit their web apps the most.
If the web is going to become Chrome (and sadly it looks like it might), then Chrome needs be moved to a foundation that's outside the control of one company.