Google Wave Watch

Later this year Google will unleash Google Wave.  Google Wave is a new hybrid communication and collaboration tool that is designed on a open source platform.  The concept is innovative.  Wave will allow for new ways to interract on the web in real-time and should prove to be the basis for many interesting viral apps and websites. 

People will be able to communicate in a forum of richly formatted text, photos, videos, maps, and more…Participants in a Wave will be able to reply anywhere in the message, edit the content and add participants at any point in the process.  Playback will permit anyone to rewind the wave to see who said what and when. 

We believe this one is worth watching.  Updated reports will be posted for your consideration, in the meantime, here is an early screenshot: