Google Kills Wave

Half a year ago I wrote:

Is all lost? The answer to this isn't clear. It could be that Google Wave would, against all logic, live up to its hype. It could also be possible that Wave flops, completely, and is discarded as Rasmussen and co. leave the project to work on something (hopefully) more useful. Or it could even be possible that Wave turns out to be a sleeper hit - that it fails in its intended purpose as a communication platform and is then adapted for uses its creators never thought imaginable.

I had no idea how right I was.