Looks like front and back end instances are down 37.5%. But discounted front end instances seem to have been removed, the new standard F1 price is the same as the old discounted price. If you were optimized for discounted instances, you might not notice too much difference.
Outgoing bandwidth and datastore are the same as before.
-new DevOps tools
-launching Cloud DNS service
-launching BigQuery streaming service
-launching Managed Virtual Machines for App Engine
A more detailed write-up with some of the notable announcements from the keynotes:
http://techcrunch.com/2014/03/25/googles-cloud-platform-goes...