Writing a Linux distribution is hard. There's a huge range of interconnected dependencies. It takes a long time to learn how everything fits together, and fixing things properly rather than adding device-specific hacks often requires rewriting a lot of code. I'm sure Google will figure it out in time, and I'm also sure that the majority of their work is going into their UI rather than the underlying infrastructure. But even so, don't expect that you'll be able install Chromium OS on a random piece of hardware and have it work as well as, say, Fedora in the near future.
 Based on that script, I'd say they're about equal to Xandros at the moment