Google announced that it is rolling out a new tool for you to import your Delicious bookmarks to Google Bookmarks.
Delicious is a bookmarking website to store your bookmarks online. This allows you to access the same bookmarks from any computer and add bookmarks anywhere that you go. You can use tags to organize and remember your bookmarks, which is a much more flexible system than folders.
This importer takes your login credentials and imports all your bookmarks while it preserves your labels and tags. It is very interesting on the timing of this announcement as it looks like Yahoo is going to sell Delicious.