Facebook launches 'next generation messaging', sounds a lot like Google Wave
It is not email -- though you will get a email@example.com email address -- but it handles email. It's a messaging platform that interweaves all of your incoming messages, be they SMSes, emails or instant messages into one big dashboard.
The most exciting prospect is the idea of a 'social inbox', which is basically an automatic email whitelist. Instead of being forced to hand-create lists of 'favourite' friends that skip your spam filters, Facebook's new messaging platform will automatically filter mail from your Facebook friends, your friends-of-friends, and so on.
Check our follow-up story for more information about Facebook Messaging.