So basically what I’m saying is that this is Google’s pre-Wave attempt to steal away users of Facebook, Twitter and MySpace.

The 40 people you converse with the most in Gmail and G-chat are automatically added as Buzz friends. Buzz updates will also appear in your inbox if someone comments on your updates or comments, or someone directs a Buzz to your attention by using the “@” symbol.

In addition to all of this, Google Buzz also lets you like and dislike status updates. It even looks for conversations outside your direct group of followers and adds them to your feed as recommendations.

Photos from Flickr and Picasa and videos from YouTube appear as thumbnails in the application.

When you post a link in Buzz, you will automatically be able to append images and the headline from that Web page. Finally, you can bring in tweets from Twitter, but no Facebook updates.

With each update you send, you have the choice of making it private or public. Private updates can go to all of your Buzz followers, or you can just a select group. Public updates are posted on your Google Profile page and are immediately indexed for Google Search.
If Google Buzz ever becomes connected to Facebook, it will be the beginning of the end for the social networking pioneer. So the key for Facebook is to make sure that the two networks stay as separate as possible.

It seems obvious that is the most convenient to have all of your friends and business partners together on just one service.
Just as Google, Amazon, and eBay have become dominant in their markets, almost to the exclusion of all competition, Facebook now must stay on top of the social networking world. Google should be put to shame for their dragon chasing.

For Buzz to succeed, it will need Facebook content. By denying that, Facebook can secure its future.
Given Google’s modus operandi, Buzz will manage to somehow strip revenue from any social network that it allows it to connect.