Is Google Really Threatened By This Yahoo Microsoft Deal?

Are you tired of reading about the Microsoft Yahoo deal yet? Obviously not or you wouldn't be reading this. There has been a whole lot of coverage to digest, and there will certainly be a whole lot more as the deal gets doing his best to try to convince people (mainly Yahoo shareholders) that Yahoo is in fact getting a good deal.

Yahoo's shareholders of course didn't see it that way, and
Others in the industry feel that Yahoo is simply making a big mistake by eliminating its own search business. Although there's no denying that Bing has been building some buzz, and those acknowledge that they will be forthcoming). When Bing launched and started highlighting all of its "cool new features," Google was the branding issue that has held them down in the search market for so long though. Bing appears to be doing much better than Live Search from that standpoint. We'll see what happens.

Does the Yahoo Microsoft deal mean real competition for Google? Is Google sweating?