I just thought I would leave you guys with this link, google.com/cl2, before I called it a night. I can definitely see myself using this more than my 30 Boxes account, which hasn't been touched in weeks. I haven't played around with CL2 too much but I don't think it can possibly be less than stellar.
My Justification
CL2 is made by Google
Like all G-services it uses the same login and integrates with gmail
CL2 can send you SMS alerts to your cell phone for calendar events
iCal and MS Outlook calendar files may be imported
You can have multiple calendars such as School, Work and Personal
CL2 can keep track of public calendars as well as search them
Google doesn't promise too much with CL2 and everything just works
Hosted on a 4GB (ve).