Bread & Cup

Found this here: http://www.google.com/support/forum/p/Chrome/thread?tid=075667b28fed25e4&hl=en

1. Click start menu
2. Click “Run…”
3. Enter “msconfig” and hit return
4. Click “Startup” tab
5. Scroll down to “GoogleUpdate”
6. Uncheck the box
7. Click “Apply”

I cannot believe there is no option in chrome browser. Looks it is still beta.