At this stage, chromium
is by far the most advanced browser on the market. It's the first one
in years to actually do some real rethinking and innovation - ideas
like tabbed processes, vm'd scripting, and sandboxed plugins make for
a much faster (and far more importantly) a hugely more secure browser
than anything else out there.
ISTR that people reported aspects of Chromium that are bad for users'
freedom. I don't recall what they were, but suppose they are right
about that, and you are right about the underlying technology.
What conclusions follow?
It follows that using Chromium _as it is_ is a bad thing,
and it would be good to make a user-respecting version of Chromium
with the same advances but put towards good rather than bad.