I suspect Google is hedging their bets. Google may be big and have a lot of money, but the telecoms have more politicians in their pocket. Google has spoken out FOR net neutrality many times before. I think Google's talking to Verizon now before they start capping access to their service.
I, however, think this will backfire and make people think that Google is OK with a non-neutral network, which will give other ISPs and content providers (e.g., ESPN) an excuse to implement non-neutral policies.
Thanks for nothing, Google.