Google's IPO has been announced and may happen as soon as a couple of weeks from now. the use of the "Dutch auction" by Google has been talked about a lot .... i went searching for what exactly it means (see i dont bid on ebay, where i hear its a routine thing).
here are couple of couple of useful links that explain the process in a simple way:
bill mann at fool.com - this may perhaps need free registration at fool.com
WR Hambrecht + Co has a slide show on the open IPO
check today's fool.com edition for the oops in the google IPO.