I received my Google Drive email just a few minutes ago and I am psyched. 5GB of cloud storage isn’t too bad when it’s free! 
I haven’t had the chance to test it but when I clicked on the link I was directed to my Google Documents page where I’ve got some of my online docs stored. I can only guess that it’s going to be stored in the same place.
Here’s what my email read:
Congratulations!
You can start using Google Drive for your account: [email address]@gmail.com
Take me to Google Drive
With Google Drive, you can:Access your most up-to-date files from any device or browser
Share and collaborate on files with exactly who you want, wherever you are
Safely store all your files in one placeOn behalf of files everywhere,
The Google Drive Team
It should be noted that Google Drive is not the same as Gmail Drive which is a third-party freeware.
I haven’t had the chance to actually test it yet but I will revert with feedback some time this week.
