I'm not sure if it is a good thing if there is a public cache of everything that Google has. The issue is websites will simply stop serving content to Google to

I'm not sure if it is a good thing if there is a public cache of everything that Google has. The issue is websites will simply stop serving content to Google to protect their content from being accessed by their competitors, this in turn will make search much worse and will force us back to the pre-search dark ages of the internet. The sites may even serve an even more crippled version of their content just to get hits but there is no doubt search quality will suffer. We're left with a monopoly that is Google, destroying it now could be foolish.