Maybe and maybe not.

The rumor mill has been churning for months.

Most recently, , a Taiwanese Website, reported that smartbooks featuring Chrome operating system would debut this month. Back in August, a newly released hinted at a tablet possibility. Menus were optimized for touch and reports said we might see a .

Google's chief executive, Eric Schmidt, blasted both rumors. He told reporters at the Web 2.0 summit that Chrome is and won't be available for .

Tuesday's event might be the halfway point between Schmidt's comment and a public release of the device.