Google Wave-Surfs up?

I stopped what I was doing and watched this video about Google Wave. Not sure what to say, its just insanely good and as an open source project I reckon this will explode (then again I have been known to be seriously wrong).  At least among the internet based community.

But in terms of business, Im wondering how they will recieve it as just another tool to learn rather than understanding the advantages of the application.

Then again maybe we are giving Google to much, we see what happens when Gmail goes down, what would happen if Google wave went down…never mind all the other information they will have access to.

Google Wave – the new tool for communication and collaboration on the web

Well the net was awash yesterday (no pun intended) with news of the new Google platform, called Google Wave, for collaboration and communication on the web. While details are pretty general at the moment and the release isn’t until “later this year”, some have speculated November, the information in the video from a recent developers conference is still quite exciting.

Its an hour and 20 minutes long but I think its worth checking out. If you would prefer to read about its features then check out this Google Wave: A complete Guide from Ben Parr over at Mashable for a more indepth preview and understanidng of the features.