Google Base & Small Libraries

It has been reported today that Google has officially joined Web 2.0 with the launch of Google Base (still in beta phase). Google Base has been billed as free online, searchable database.

Here's what Google Base says about itself:

Google Base is a place where you can easily submit all types of online and offline content that we'll host and make searchable online. You can describe any item you post with attributes, which will help people find it when they search Google Base. In fact, based on the relevance of your items, they may also be included in the main Google search index and other Google products like Froogle, Google Base and Google Local.

Could this be good for libraries? Could a library's presence by furthered by using Google Base as a supplemental database? Could small libraries (with little or no budget) use Google Base in order to track their collection?

I suppose we'll see...