Google never stops in their attempt to embrace everything we do on and off the internet in our lives. Now Google have launched the news of their new email application named Google Wave.

While there are a number of interesting features in Google Wave, I wonder how this will play out in reality.

A ‘wave’ is equal parts conversation and document, where people can communicate and work together with richly formatted text, photos, videos, maps, and more.

In Google Wave, users create a wave and add people to it. Everyone on their wave can use richly formatted text, photos, gadgets, and even feeds from other sources on the Web.

Users can then insert a reply or edit the wave directly. “It’s concurrent rich-text editing, where you see on your screen nearly instantly what your fellow collaborators are typing in your wave,” said Rasmussen.

Google is hoping that consumers use Wave as a gateway for the myriad conversations they might be carrying at any given moment across various platforms from Facebook to Twitter to any number of blogs.