Ars Technica thinks that the intention is to challenge Craigslist and eBay. On top of that, Google Base will allow tagging - AT thinks that this is will enable Google to build "a kind of universal tagging schema for information and items, which could then be used to classify information across the net" (via Slashdot)
Ars Technica posts the following quote from the front page (which may be down now):
Google Base is Google's database into which you can add all types of content. We'll host your content and make it searchable online for free.John Battelle covers this briefly, as well.Examples of items you can find in Google Base:
• Description of your party planning service
• Articles on current events from your website
• Listing of your used car for sale
• Database of protein structures
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