I think this hearing is going to prove how out of control, how mammoth, and just how secretive Google has become. It's going to become clear that a hearing of this size is far outmatched by Google and all its different arms. Seriously. Schmidt is testifying, however we could argue that Google under his control was honorable. A new CEO? A lot of issue suddenly for the world of webmasters.
I think Google is too confusing for the hearing to deal with properly. It will be like swimming in mud. That's my prediction. I think the "trust" element that Google worked so hard for will take the biggest hit here. That trust or loss of trust will affect all their projects now and in the future. The trust issue will have huge issues for Google because if you cut Google out, you are saying no to a lot of hardware and software that they are involved with. That is what they should fear.