Google removes almost all incentives to use Google Checkout

Effective 5/05/2009 Google will be raising checkout fees. see below for the basic changes (click here for full details). I am not sure what incentive there is to offer Google Checkout after the increase. The new fee levels match Paypal and the free transaction processing linked to the amount you spend on Adwords has been removed.

Beginning on May 5, 2009, transaction processing rates will be determined by your sales volume during April 2009. Each month thereafter, we'll continue to use the prior month's sales volume to determine your transaction processing rate. Learn more

Monthly Sales Through Google Checkout	Fees Per Transaction
Less than $3,000	2.9% + $0.30
$3,000 - $9,999.99	2.5% + $0.30
$10,000 - $99,999.99	2.2% + $0.30
$100,000 or more	1.9% + $0.30