One day, recently, Google became a registrar and then we scratched our heads about the possibility that they would use it for advanced link mapping. But that was ruled down by an email sent t me by Nick Wilsdon from e3Internet that said Google can not use registrar data.
But now a thread at SearchGuild that quotes a NY Times article saying:
Eileen Rodriguez, a Google spokeswoman, hardly quelled the speculation by explaining that the whole thing was really a learning opportunity for the company. Google "has become a domain name registrar to learn more about the Internet's domain name system," she said recently in an e-mail message. "While we have no plans to register domains at this time, we believe this information can help us increase the quality of our search results."
Huge hat tip to TopRank Blog.