On Friday (4/28/06) Google released SketchUp, a free (see below) 3D modeling tool they purchased from @Last Software. The software is free for personal use. A professional version is available for $495.
You can see it for yourself here: http://sketchup.google.com/ or read a more indepth story from PC World here:
http://blogs.pcworld.com/techlog/archives/001942.html.
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