G's going to focus on mobile and succeed. By the end of 2011, Android will be equal to iPhone for all intents and purposes (with the minor exception of less focused app stores).
G will try to fight FB, but fail.
Your old "flat" websites will begin to lose influence as FB starts to become a 'recommendation engine.' Eventually, perhaps as soon as next year, search will become the "2nd stop" rather than the first place people do research. Conversely, super-long-tail items will become higher-converting items in the serps.
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flat = lacking a social element. comments, blog, forum, etc.