What will be the implications of search engine optimization in Google Wave?
Google Wave is a useful social networks but what about SEO?

http://www.youtube.com/watch?v=v_UyVmITiYQ&feature=player_embedded
SEO Google Wave

Since April of 2009 KnowEm has been tracking and monitoring hundreds of social media networks populated mostly with user-generated content. Their database of these sites is updated daily as new sites are released and our staff reviews them for quality. They track multiple metrics on these sites to determine which networks are gaining (or losing) traction in the social media landscape. By using and storing these metrics they watch for patterns and spikes in traffic and popularity.

Is Google looking to become the next Microsoft - With all the development going on they don't seem like a search engine any longer.