Google doesn't invite the media to breakfast because it just learned how to make the perfect crepe. And they certainly don't invite the media to a meal with Sundar Pichai, the head of Android and Chrome, without having some new goodies to show off.
All signs point to the breakfast with Sundar Pichai as being the official unveiling of the long-rumored Moto X, the refresh of the hugely successful Nexus 7, and an update to Android 4.3 to begin its rollout.