I don't think this is a bad thing. Instead of a third-party you trust (or rather, your user-agent trusts) vouching that Google's indeed Google, it's now Google vouching for itself, and you trust them by the virtue that they're Google. This ought not be surprising: presumably, who better to say that Google is indeed Google than Google itself? The reason everyone doesn't run a root CA is because it's difficult to coord…
This doesn't prove anything, unless you already trust another CA which can vouch that you're looking at Google's site in the first place. Or by some sort of consensus with other people that you see the same key.