Awk,
I agree that there is no hard evidence linking Microsoft with Wave. But what got me excited is the way Steven said it...
Dell is deploying it, IBM is deploying it, Intel is deploying it, and Microsoft is incorporating it into their OS.
There is hard evidence that we (Wave) are linked with Dell. There is hard evidence that Wave is linked to Intel. There is hard evidence that IBM is using Wave's IP via NSM.
RWK may be right in that Steven was referring to Trusted Computing in general, but three out of the four are deploying Wave, specifically. It doesn't seem like too much of a stretch to me to think that Microsoft is too, but then I have always been a sucker for a fairy-tale ending.
BTW, thanks for all the DD you do, yanmar