A few minutes ago John Gruber tweeted about the lack of bookmarklet support in Chrome for iOS. I responded to him stating that support is indeed there, it just wasn't as straightforward as it is on Safari.
To tell the truth, I too thought that bookmarklets, or the lack thereof, was simply a medium sized oversight made by Google; after all, such things are instrumental when it comes to using tools like LastPass, Instapaper, etc.
After some tinkering around, however, I was able to confirm that bookmarklet support is indeed included in the version of Chrome that shipped a few days ago. In fact, using them is a fairly straightforward exercise. Check inside for the full how-to...