I used Google Notebook fairly heavily, but they discontinued it. I love (and pay for) Evernote now, which has lots of great integrations with other products. Why would I trust Google again?
Evernote has taken hundreds of millions in funding over the course of five years. How they going to justify that investment with some portion of their 11 million users paying $45/year? Are they going to sell? If they sell, will the service survive?
And there is no evidence of them selling. It is just FUD.