I think this is a critical point. I bet that Google has reams of internal research on the use of ad-blockers. I am further willing to bet they have discovered the following:
1) Users say they block ads because they are annoying, rather than any deeper philosophical arguments about the nature of advertising
2) Users tend not to bother with white-listing and just use the defaults - i.e. block all ads, even Google!
3) Once they have used an ad-blocker, users are very resistant to browsing the web without one
4) Users who ad-block are among the most educated and tech-savvy, and as such are a valuable demographic to miss out on
5) Ad-block use is growing steadily with no signs of slowing
So, Google's provocative and somewhat desperate move is an attempt to gain control of ad-blocking before it becomes a serious threat to their business, even in the face of serious backlash. I hope they fail.