The Cloud storage Google Drive has been an on-again, off-again rumor for years.

Today, GigaOm’s Om Malik says Google Drive will release to the public in the first week in April.

I am told the big day is sometime during the first week of April 2012…Google is going to offer 1 Gb of storage space for free, but will charge for more storage. The market leader Dropbox currently offers 2 Gb for free. Google’s product will come with a local client and the web interface will look much like the Google Docs interface. Interestingly, it will launch for Google Apps customers and will be domain specific as well. Google has also built an API for third party apps with this service so folks can store content from other apps in the Google drive. My sources are impressed, so far with what they have seen.

This could be the last piece of the Cloud puzzle.

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