Google Wave is an amazing service available to people to maximize the pleasure of communication and collaboration. Basically, an online tool, Google Wave provides a number of opportunities to utilize richly formatted text, photos, videos, maps during your working hours on computer.
When I saw the video about google wave 3-4 months ago I was equally excited as the OP!! However, I haven't really followed it up since then. It seems like the general consensus is that it will boost the social media & web 2.0 sites that are already successful. Although, When I first viewed the video my initial feeling was the exact opposite. I feel like it will give the twitters, facebooks ect.. a run for their money. That opinion also comes from my knowledge of how much google likes to compete. I dont know which affect do you guys think google wave will produce?