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That "see what the other person is writing" feature is NOT new at all. It was a feature in early versions of ICQ (circa 1997). For those who don't know, ICQ is like MSN Messenger, but it was around before Microsoft copied it.
i was invited to the google wave beta. im currently using it and it is a really amazing to the google army. sure, at the moment, they have a few bugs to work out. but i have invited a few friends to use it and i think its going to be a fantastic revolution.
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Grow up and and watch it.
It is worth it, there is some interesting stuff in there, showing some cool featured.
In any case, I also tried this wave thing. It's basically an IM\email. It's not bad, but all this hype is ridiculous.
sure, at the moment, they have a few bugs to work out. but i have invited a few friends to use it and i think its going to be a fantastic revolution.