While I was very excited about the project and the product, I am equally unsurprised about the demise. Tony Bradley hit it on the head when he wrote "Unfortunately, nobody really understood what to do with Wave, and Google never gave any useful guidance to clarify it."
My thoughts precisely. I had every idea of how to use it, and a lot more people found other uses, but no one caught on. Adoption was too shallow, advertisement wasn't really pushy, and no one I work with would get on and use it. I'm on a team with 25 people, and Wave would have worked wonders for our boring-ass conference calls. We could easily publish an agenda, create a document, and collaborate with unparalleled efficiency if we'd used it.
But all is not lost. Eric Schmidt said that they're taking the technologies and applying them to products that haven't been mentioned yet. I'd rather they put Wave technologies into Google Docs, Google Talk, and perhaps right inside GMail so we won't have to use a separate product to experience what Wave was supposed to give us.
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