Wave's biggest weapon is that the field is changing, it's very complicated and they are in the middle of it. With money they should be able to defend themselves through a good offense. If this were it, we'd see fierce competition quickly. But who is going to jump into something that seems so ever changing and opaque.
tampa123, I agree that your analysis is great...barge just beat me with the response.
barge I think it is going to hard for potential competitors to keep up with the Premium Services providing Wave is able to maintain their lead by continuing to add those ladder rungs in advance. I like Wave's chances to stay ahead.