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A Two Minute Video To Explain 3.5% Of Google Wave

What is Google Wave and why use it? Yes I know, these are two big questions. This two-minute video by Google tries to make things clearer, not every thing, as the video explains only 3.5 percent of Google Wave says TechCrunch. My guess is Google is using the email part of the story as a bait, the rest of wrapped story gradually unfold.