With the chromeframe plugin installed web developers will no longer have to wait for browsers to support the new features which they have not got already. Tags like canvas tag in html5 can also be used straight a way if your machine has chromeframe installed.The application in Internet Explorer becomes faster after installing chromeframe.
Getting Started with Google Chrome Frame
<meta http-equiv="X-UA-Compatible" content="chrome=1">
You can control whether to start Google chrome frame or no. You also have the option to redirect user to download plugin before viewing the particular webpage. It is more like Adobe flash player needed for videos to play.So if you want such a redirect use the following code.(from code.google.com)
Some believe that it is Google trying to monopolize by taking over Internet Explorer via Chrome Frame. Well it is matter of interpretation, some take it in negative sense and some take in positive. People who are using Internet Explorer all the time and hate its slow page rendering or response time can go forward and install it. It will help them enjoy Internet Explorer more nicely. Google Chrome Frame is just a plugin to make Internet Explorer better.
Stay Digified !!