How Google Wave could transform journalism

The tech world is awash with excitement for today's scheduled release of 100,000 invitations to preview Google Wave. Seems like everyone is buzzing about how the collaborative Web tool will revolutionize how we do business, organize parties, manage projects with friends, cheat on homework and market brands. For journalism, Google Wave could mean more collaborative reporting, archived interviews, live editing, smarter story updates, improved user comments, a more transparent writing process, instant polls and more.