I'm surprised that Google has drunken the "Datacenters IN SPACE!!!1!!" kool-aid. Honestly I expected more.
It's so easy to poke a hole in these systems that it's comical. Answer just one question: How/why is this better than an enormous solar-powered datacenter in someplace like the middle of the Mojave Desert?
I think it's a good idea, actually.
A giant space station?
> no need for security
There will be if launch costs get low enough to make any of this feasible.
> no premises
Again… the space station?
> no water
That makes things harder, not easier.