I noticed the new Google favicon a few days ago, and already hate it. Why use a lower-case 'g'? That would make sense---if they changed their name to 'gooGle'.
Basically, they've been hosed by bad design choices they made early on, and which they now (rightly or wrongly) consider to be part of the company's identity.
I won't speak to whether or not Ruth Kedar would qualify as a great designer in everyone's eyes, but I would say being anything other than a Google engineer with a passing interest in logo design would be enough to support my point.
though i think that particular lowercase g may be too complex (too curvy)