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From a developer standpoint, the dev tools in Chrome far exceed those in Firefox. The nightly releases are just starting to compare.

I rarely use those. And there is also Firebug.

"Reasons that don't necessarily apply to me," while fair, do not fall under "hype."

There was a lot of hype about it.

There was a period around FF14 where FF was performing terribly for me, and Chrome was acceptably fast as ever. That was what made me switch for a while.

I guess for lower end computers that could be more critical (netbooks and etc.).