Just got an email from Google about this: http://www.google.com/sktool/#


Differs slightly from the typical google (adwords) keyword tool i'm used to

Anyone try this out yet?

Aint tried it yet but might try give it a go tomorrow if I get time

i just now tried using this tool and i found it helpful

I tried it. Its really very helpful.

Interesting!.. I can't wait to try it out!.. By the way, thank you for sharing!

Quite a good tool, and it analyses websites very quickly.  I like how it gives you an analysis of suggested bid with estimated number of searches as well as the competition.

I guess it grabs the HTML from the webpage and runs a keyword analysis against it.  The items on the page which I think it analyses are:

Meta Keywords
Meta Description
Keyword Density of Body Text
Keyword Prominence of Body Text
Title tag
Internal Link Phrases

This could also be good for generating a list of keywords for which you can monitor the rankings for within the search engine result pages without having to know the keywords.