Google announced it will be providing a great deal of Google I/O content live, streaming on the web this year. They will provide keynotes, sessions, and Developer Sandbox content. You can find this stuff at Google I/O Live.

Here’s exactly what will be offered, according to Google’s blog:

• Watch livestream video feeds from our two largest session rooms from 9:00 a.m PST to 6:00 p.m. PST during both days of the conference. This will include streaming of the keynotes, as in years past, as well as—new for 2011—the addition of sessions from Android and Chrome. We’ll also aim to post HD video recordings from sessions that are not livestreamed within 24 hours.
• Read captions from the livestreamed sessions in real-time. Plus, to make sure all our content is accessible, all remaining videos will also be captioned. For international developers, captions will be machine translated to all languages that are supported byGoogle Translate.
• Be one of the first to know by getting your news direct from the source. The latest announcements and news will be added to our I/O Live dashboard in real-time.
• Submit your questions to our Sandbox developers. We’ll post answers for the questions with the most votes.

The event, which sold out in an hour, takes places May 10-11. Early bird tickets went for $450 each.  Google sold student and faculty tickets for $150 each.

Last year at Google I/O, Google unveiled Google TV, among other things. What will they have in store this year?