Google Readying Launch of Picasa Web Album?

I take a lot of photos while on vacation and I’ve yet to find my dream application – a mixture of Picasa’s image viewer and Flickr’s web albums.

Google Blogoscoped reports sightings of what could be a Flickr-like service coming from Picasa. I’ve been griping about the poor non-search offerings from Google recently, but if they can create something like Flickr for Picasa, that could be very cool.