Good news everyone, google now supports hosting for open source project via Google Code, for the time being Google Code only supports hosting svn account with a select few open source license such as GNU/GPL, GNU/LGPL, Apache License 2.0, MIT License, MPL 1.1, and the new BSD license variant.

Google stated in it’s code FAQ that it may support other features as well like tarball hosting,forum and bug tracking. For the time being. You can open an open source project via Google code right now providing that your project has a different name than existing project in Sourforge.net, another open source hosting service.

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