I was sad the day google shutdown google labs, it just seemed it was them killing off their creative side. Although I was happy to hear they continued creating new things, just not under google labs, which I never really quite understood why.
I have to say that punchd actually sounds awesome, I just don't think the phone users of today are ready for it. It's much like passbook, unless it's overly simple and requires little to no training, it just never really works out as intended.
Although it's disheartening to hear services get closed down just because they don't have a massive user base at the same time it's good news to hear that they'll have more resources and support to put into Google's services that a majority of people do you and continue to improve and make them better
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