Google Wave - a little Twitter, a little Facebook, a little of Everything?

Move over, all you Social Networking tools and sites. Google Wave is here.

Google Wave appeared during the Google I/O conference.

[source:google]

What is the Google Wave? According to Tom Krazit from CNET, "It's a little bit Twitter, a little bit Friendfeed, and a little bit Facebook all in one service, allowing you to send direct messages to online contacts with real-time replies, share photos or documents, and add or delete members of the conversation as needed."

And it's going to be opened up to developers for adding on before it's officially released to end users. Btw you can watch the Wave Preview here, but it is a huge pain to load, all 1 hour, 20 minutes and 11 seconds of it.