Today, at the Open Source Convention (OSCON), Google made a big announcement that they would be providing a project repository similar to that of SourceForge. The service will use Subversion (SVN) for version control.
When creating your project you can specify the license that you would like to apply to your Open Source Project.
The service also includes issue tracking (similar to trac), and uses your Google account to check-out the code.
It will be interesting to see if the Open Source community embraces this new service.