Go to the labs and check out "Reader"... google's new project. More information will be available shortly. In the mean time, check out the google blog.
Update: I assume it's because of the large amount of people accessing the Reader, it is extremely slow and quite difficult to navigate. However, from what I can tell it's a very slick app... I'm really looking forward to using it.
Update: Here are some comments from others about Google Reader: