What is Google Wave?

Google Wave - It's a new way of working with the web. Email and instant messaging were invented a long time ago. What if someone invented them right now, with all the advantages of Sharing links, Social Networks, High-Speed connections? A couple smartie pants' from Australia, part of the Google team there, developed some new ideas, and they were recently revealed at the Google I/O conference. (Why am I not there right now...?) Don't take my word for it-- read about it from someone who's there: TechCrunch