The first thing I read this morning, was Marshall Kirkpatrick's post on TechCrunch informing the world about Google's new idea of becoming a SourceForge competitor. Since I'm one of those people who experienced quite a lot of problems with SourceForge in the past, I went over there and created a small project (mainly for testing purpose) right away.
The registration of a project is very straight forward. First of all you need to have a Google account (GMail or whatever). After you've logged in, simply hit the "Create a new project" link, give your project a name, short description, description and license (tags are optional) and you're done.