We've already told you the basic information about Google Wave in our previous article. But as a review, here's a reminder as to what Google Wave is all about.
Google Wave is like a social spectrum, where its components - the Google Wave members interact, communicate, collaborate, share ideas in whatever forms - in real-time. "Real-time" is the key concept here. Google Wave is supposed to work in real time.
The main component of Google wave is, of course, the wave, and the conversations that exist on a wave are called "wavelets." When you are replying to someone's wave, that reply is called a "wavelets." In a more common term, wavelet is almost similar to individual IM messages in an ordinary chat client. What's unique about a wavelets is the fact that when you are part of a wave, you can see read other member's wavelets as they type in their messages.