Great new Some updated stuff from google… a Chart API, which returns you a image with the chart you defined in your GET/POST request. This is just the first step to have the global power, in the next step Google can now maniplulate all charts in that way, that their own products are always the front runner 
Example :
Google Charts API is over 2 yearls old (check http://www.feedmyapp.com/p/a/design-web-20-applications-sites-google+chart+api/2920)
Is there something new I’m missing?
You are right it’s not new , but updated… see here :
http://code.google.com/intl/de/apis/chart/docs/release_notes.html#whatsnew