The mobile industry is waking this morning to the huge news that Google plans to acquire Motorola Mobility for $12.5 billion, marking a 60-plus percent premium for the business. Some of the best posts so far in reaction to the news: My colleague Kevin C. Tofel questions whether other manufacturers of Android handsets will trust Google post-acquisition, Henry Blodget outlines why the deal could be a disaster, and Florian Mueller explains why the pick-up isn’t entirely (or even primarily) about Moto’s patents. The most level-headed response I’ve seen comes from Darrell Etherington over at The Apple Blog, who predicts the deal “won’t give (Moto) what Apple has.” That’s probably true, but it’s still an acquisition that will have a huge impact on the mobile world.