Google is parting ways with the WebKit browser. The WebKit browser was standard on Google Android devices and all some apple I devices. Google is split up the project to reduce a large code base or 4 million lines of code can be deleted. They can now work on a more touch friendly interface lets archaic compatibility and desktop mode code. Both Google and Apple work together on Web Kit and blink is just a form of Web Kit. We shall see where it goes but this looks promising as an easier CodeBase is much more manageable especially with 4.5 million less lines of code.
http://www.techmeme.com/130403/p55#a130403p55
http://blog.chromium.org/2013/04/blink-rendering-engine-for-chromium.html