We were really pleased to see the addition of geo-targeting to the growing 'toolkit' available (free) to webmasters at Google's Webmaster Central last week!. It's live now, at least here in the US.
Regular readers know how important we feel geo-targeting is, especially in the current market environment, in numerous spaces.
Suggestion: Be careful with this tool FIRST. Look at your analytics, where your visitors are coming from (and where you want to be) before making any setting changes to Google's default.
Late yesterday, leader domain registrar GoDaddy struck a deal to include integration of Google's Webmaster Central suite with websites hosted by them. The relating post can be found here .