Here is the announcement from the Google Analytics Blog.
I wrote a couple of months ago that I finally received my Google Analytics invitation code. When we redesigned the blog we added it.
I have continued to use Site Meter during this time to see if there were any discrepancies and I have not found any. I will continue to monitor this but if I do not see any changes I will likely cancel the Site Meter service.
Not so much because of the cost but I like colors, graphs, and extra information Google Analytics provides.
Which by the way is way more than I need right now and I have occasionally found myself wasting time looking at stuff that I should not be bothering with. I think it makes me feel smarted than I am.