Is Cuil the new Google?

Cuil.com launched today and I had heard nothing about this until I read a story on Drudge. Apparently it was started by some former Google employees who have already made one other search engine that was bought by Google a few years ago. Cuil claims to have information on over 120 billion web pages but there were no hits when I searched my name while Google came up with at least ten relevant pages. This of course is purely anecdotal, but it does make me wonder about Cuil's search algorithm and the number of pages that Google searches. I will keep an open mind about Cuil, but I wonder if there is any way to take market share from Google at this point in time.