This seems really useful and I'm certain I'll be having a go with it in the near future... a heads up to +Christopher Stokes and +Paul Jinks, this sounds like you might want to give it a look too. From the stream of +Laura Gibbs (ta!)
This is a really awesome feature. You can now treat publicly shared #Drive folders as a website. Right, relative links to CSS, JS, images and any other content works completely.

For those observant hackers among you (are there any other kind of hackers?!) you will know that using the Drive Javascript API you can now write a complete Drive app that accesses Drive files and is hosted on Drive itself.

"We must go deeper", anyone?! Read more here:
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