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If you value privacy, ditch Chrome and switch to Firefox now
(www.fastcompany.com)
This is a most excellent place for technology news and articles.
In my opinion, this is not as big of a deal as, since WebKit/Blink is open source. Everybody could just use the same engine and just build their version of the browser around it. Firefox doesn’t need to maintain their own engine.
It's not that simple. Google is now a major driving force in the web standard consortium. Forking Blink doesn't stop Google from pushing more and more ridiculous web standard. The only way to stop it is by reducing chromium market share which will also reduce Google influence in the consortium.