Google "Wave" already making Waves

This morning at Google I/O, Google unveiled a developer preview of Google wave, a new collaboration and communication product. Google Wave introduces a new platform built around hosted conversations called waves--this model enables people to communicate and work together in new and more effective ways. On top of that, with the Google Wave APIs, developers can take advantage of this collaborative system by building on the Google Wave platform. We want to expand upon that platform, which is why we've put together the initial draft of the Google Wave Federation Protocol, the underlying network protocol for sharing waves between wave providers.

What exactly Google wave is...???

Google Wave is a product that helps users communicate and collaborate on the web. A "wave" is equal parts conversation and document, where users can almost instantly communicate and work together with richly formatted text, photos, videos, maps, and more. Google Wave is also a platform with a rich set of open APIs that allow developers to embed waves in other web services and to build extensions that work inside waves.

GOOGLE WAVE API's

The Google Wave API allows developers to use and enhance Google Wave through two primary types of development:

• Extensions: Build robot extensions to automate common tasks or build gadget extensions to provide a new way for users to interact
• Embed: Make your site more collaborative by dropping in a Wave

Google Wave is currently available in a developer preview as the APIs and product continue to evolve. Accounts on the developer sandbox will be given out to people intending to build with the Google Wave APIs prior to the public release

For more details watch google I/O video from youtube.