Update: The 10k limit has already been hit. Wow. < 15 mins.
I saw the live Scoble feed on the Google App Engine announcement, so here are the details:
500MB storage
Available to the first 10,000 developers as of 9PM PST
10GB Bandwidth/day
200 Million megacycle CPU/day
Python code only
For a well-written app, Google says this should equate to [...]
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