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No bright future for Google Wave?

When Google launched their latest gadget “Wave”, everybody was so keen on getting an invitation – I've sent out about 60 invites via my blogs, yet I haven't been using Wave a lot. Neither in the beginning nor lately: it's lame (even when used with Chrome, large multimedia Waves are basically unusable on netbooks), it lacks a lot of important features and – most important of all – it's generally quite unsexy, According to Silicon Alley Insider, I'm not alone with this opinion.

Their Chart of the Day clearly shows a rapidly decreasing number of users, even geeks seem to have abandonned the ship for now. It won't probably sink any time soon, but it definitely won't replace e-mail (that's on of Google's idea behind the system) in the near future.

This kind of launch scenario is pretty unusual for the big G: usually, when a new service gets launched, an immediate success story follows. Just remember Gmail or Analytics – those products basically took existing services like web statistics or web mail inboxes, improved them in a major way and gave them away for free: Gmail offers nearly unlimited storage, Analytics is a mighty tracking tool (I still prefer Clicky by far though – it's all about the realtime), but Wave is actually the first genuinely new service which Google has ever offered.

So I wonder if we're just witnessing a temporary decrease in usage numbers, or if Wave just offers the wrong bells and whistles. Because this might be the first #fail in the company's history… So what's your opinion on the future of Google Wave?