In mid-June, Google commenced an initiative known as "Let's make the web faster." Late yesterday, the search giant performed a follow-through of sorts with the release of an experimental feature called "Site Performance."
Google's been growing more and more focused on speed in recent weeks. Last month alone, there were two major developments as the SPDY research project was announced and Matt Cutts indicated that Google might make page speed a ranking factor in 2010.
Now, a post on the Webmaster Central Blog has explained, "On Site Performance, you'll find how fast your pages load, how they've fared over time, how your site's load time compares to that of other sites, examples of specific pages and their actual page load times, and Page Speed suggestions that can help reduce user-perceived latency."
Additional information and recommendations should become available over time, too.
This tool should benefit just about everyone, considering that most sites' visitors are impatient and sites do better when they stick around. If you notice something odd (or good) about the Site Performance feature, just be sure to let Google know through the Webmaster Tools Forum.

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