It's got integrated Intel graphics. That's something I pay attention to because the open source support is great. But I was led to believe that no serious gamer would touch them.
Note also that I could probably develop on it as I use Vim in a terminal, which I believe ChromeOS has.
Yes ChromeOS has a terminal. Just hit Ctrl+Alt+T. The SSH interface is a little non-standard as I recall but not enough to be a problem. It has dynamic proxying support so you can set up a SOCKS proxy through localhost and on to a host in [country] to get around content licensing restrictions. I've done this for Netflix, Hulu, MLB, Fox Soccer, and the London Olympics.
Note also that I could probably develop on it as I use Vim in a terminal, which I believe ChromeOS has.