Google's Wave was a project that garnered a huge amount of interest, only to see the buzz completely die within a year of the launch, even after Wave stopped being invite-only and opened to the public.
This prompted Google to shut the service down in August, making some parts of Wave open source. Furthermore, Google promised to create tools that will help users extract their content from Wave.
Now, in a blog post, Google has an update on Wave, promising two things. First, Wave will be available "at least through the end of the year." Furthermore, tools that will enable users to export their waves will be available "before the end of the year."