Google wave is the shit!
I saw this thread up a couple of days ago and haven't had time to post.
I was a developer in the "sandbox" for this piece of Google ingenuity.
It is kind of hard to explain because it is different from anything else. Wave is an online, collaborative project planning environment.
It is similar to an online chat room, but you can edit freely and you type in real time.
You can upload pics from Picasa or Maps from Google maps. It also has a teleconference gadget. The other great feature is the time stamping on everything. No one can steal anyone's ideas.
So lets say the DFWS gang wants to plan a party, a cruise, or a vacation everybody included gets on a wave simultaneously or at different logon times and leaves their take or opinion. Afterwards pics can be posted and people can be made fun of
As a developer, I received 8 invites. I have an extra if anyone wants it, pm me.