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There's usually at least a couple of web development stuff that comes out of IO that blows me away, so I'm looking forward to it.
> Read captions from the livestreamed sessions in real-time. Plus, to make sure all our content is accessible, all remaining videos will also be captioned. For international developers, captions will be machine translated to all languages that are supported by Google Translate.

This looks like the most interesting announcement. I assume the English text will be provided by a human captioner, but even so, this shows a lot of confidence in their translation system. I wonder if they'll be buffering at the sentence level, or whether they can handle partial sentences on the fly.

love the countdown on the actual website http://www.google.com/events/io/2011/. No one likes looking at a boring old countdown timer
It gets a little exciting when the time changes from 09 to 10.
Yeah, it's great. You can also grab the Google I/O logo and bounce the balls on it!
The HD video recordings within 24 hours is pretty exciting.