Big Daddy Goog just sent out teasers for an announcement event on November 16th in Los Angeles with the tagline These go to Eleven running across the top. For the uninitiated, this is a quote from This is Spinal Tap, a film about a hard rock band whose amps are crankable to eleven (instead of the normal ten).
Given this suggestive headline, it's probably safe to assume that they will be announcing the long awaited Google Music Store, although a the image below the announcement suggests that there may be more to it than meets the eye (see that T-Mobile logo?). I guess we'll just have to wait until 11.16.11 and find out -- the entire even will be streamed live at the Android YouTube channel.