Google Wave - Mindblowing concept

If Google can pull off overcoming all the user interface and usability challenges in implementing this concept - it would present the biggest change in the way we consume information since the advent of the Graphic User Interface or WYSIWYG interface developed in 1970s. 

Source: http://www.cio.com/article/print/493707

Google unveiled Wave - For consumers, Wave represents Google's answer to the emergence of streaming, or real-time, internet applications, as evidenced primarily by the rise of social networks. A "stream" is represented best by a Twitter homepage or a Facebook News Feed. On those web pages, content flows down the page for you to consume at your leisure. You might comment on a piece of content, share it with friends, or just let it pass downstream without touching it.

Wave seems to embrace this streaming interface by using e-mail and messaging as a starting point. In one fluid view, a Wave homepage includes short messages (think: Twitter), communication with large groups (think: Facebook) and basic collaboration tools to engage with the content (think: instant messaging and e-mail).