You can piece together some useful information about yourself or others. Check me:
Visit Tweet Stats and enter a twitter name (@).

Then Bam! My Density, check my sleeping pattern and such.

Scroll down…

Follow @TweetStats and donate if you could. They have a good thing going useful for a lot of different occupations.

Now on to Google Waves.
If you have an hour, this video will explain everything and get you hyped.

It doesn’t answer every question but you can check out a bunch of ideas in the suggestion section HERE

If you don’t have time for that……
What is a wave?

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

A wave is shared. Any participant can reply anywhere in the message, edit the content and add participants at any point in the process. Then playback lets anyone rewind the wave to see who said what and when.

A wave is live. With live transmission as you type, participants on a wave can have faster conversations, see edits and interact with extensions in real-time.

It kind of looks like Seesmic Desktop. I’ll wait to get invited and keep you updated!