If, like me, you are watching Google+ fever spread across the twitternets with a mixture of bemused fascination and eye-rolling annoyance, read on.

If, however, you have jumped heart and soul onto the Google+ bandwagon, gorged yourself on its koolaid with such gusto that your sweat now tastes Googlicious, and think Google+ would make a fine spouse were you able to marry a digital platform… read on.

Based on some of the questions I have been asked repeatedly these last few weeks, here are 8+ things you probably should know about Google+:

1. Will Google+ change the world or the internet?

No. Google+ will not change the world. Or the internet. But if it scales, it might help Google buy a lot of really big yachts, really fast private jets, small countries whose names end with “-Stan,” and install a few hundred thousand solid gold toilets in its offices and server farms around the world.

2. Will Google+ kill Facebook?

No one really knows. I suppose it could, but the odds are not in Google+ killing anything anytime soon. If it does, it will be to some degree related to Facebook’s inability to compete both as a social network and as viable revenue model and not because Google+ is particularly awesome or groundbreaking.

Pros:

_ Facebook needs to stop antagonizing people off (privacy concerns are still a major Achilles’ heel for Facebook, for starters). Love = loyalty. No love = well, you know.

_ Facebook’s functionality is still very limited. It doesn’t really plug into productivity and collaboration tools, and this is a problem as users (consumers) look for seamless integration of word processors, email, video conferencing, VOIP, calendars, mobility, spreadsheets with their social platforms. The simplicity of Facebook’s design and the limited amount of customizability that helped it compete against MySpace (and win) may also bring about its own undoing now that digital platforms have matured.

_ Facebook lives in a fairly closed and limited search ecosystem. What this means is that its advertising revenue model is also rather limited compared to what Google is trying to build. Facebook has kind of backed itself in a corner with its model while Google has a lot of breathing room. That gives Google an enormous strategic advantage. (It does not, however, mean it will succeed in doing anything with it.)

_ Speaking of search, it is a lot easier for Google to build and scale a social network than it is for Facebook to build and scale a search engine. And moving forward, you kind of need both to win. (Or at least a model that incorporates rich, real-time consumer data and massive reach.)

_ Facebook is the biggest fish in the pond because it is pretty much the only fish in the pond. It’s the default winner. That isn’t a good long term survival strategy. After all, what is the cost of jumping ship? $0. These platforms are free. Social equity can be both moved and rebuilt pretty easily. Can Facebook stand up to a better, cooler alternative?

So basically, Facebook needs to adapt very quickly in order to stay relevant. Size alone won’t carry its dominance forever.

Cons:

_ Facebook is huge. HUGE. As a social platform, Google+ has an enormous challenge in scaling to size. It has to do it, and it has to do it fast unless it wants to become the Yahoo of social networks. Without scale, Google+ is just a nice little productivity interface, and the only company it will be competing against is Microsoft, not Facebook.

_ Google+ isn’t sexy. Sorry Google+, but you kind of look like crap. Remember that you aren’t just after middle-aged computer nerds, bloggers, social media “gurus” and… well, yeah, what I said: computer nerds. The rest of the world has to want to use you too.

_ Google+ isn’t compelling enough for most people outside of the nerdy middle to want to bother with it yet. Facebook may be annoying, but it’s familiar, everyone is already there, and the effort of having to leave it and start over isn’t being driven by excitement or necessity. (It has to be one or the other in order to enjoy any kind of velocity.) What’s missing in Google+ right now is a compelling reason for people to want to make the effort (and take the risk) of making the switch. For most people around the world, it is missing the compelling “why.” (“It’s new” won’t ever be enough. After 5 months, when the tech bloggers get bored of talking about it and move on to the next Quora or Empire Avenue or Spotify, what will drive an accelerated adoption?)

_ Google Wave and Google Buzz were going to revolutionize the interwebs too. Ooops. Sure, Google does search VERY well, but that doesn’t mean it will do anything else well, even in the pursuit of taking search to the next level.

_ Google and Plus will have to deal with the same privacy concerns as Facebook did. Perhaps more so. You don’t have to be the most trustworthy company to win. You just need to be less shady and risky than everyone else. If Google finds itself at the center of enough privacy concern discussions, Facebook might come out the lesser of the two evils. “Better the devil you know than the devil you don’t” is a pretty important element when dealing with an adoption campaign. If Facebook begins to feel threatened, expect this topic to magically surface at regular intervals.

In other words, it could go either way. Facebook and Google+ have their own sets of strengths and weaknesses.

3. Is Google+ really the “Blue Ocean” product some tech writers claim it is?

No. Google+ is simply Google building a better data acquisition mousetrap and advertising delivery pipeline. It is Google’s natural evolution. Let’s quickly look at that in more detail.

– Data acquisition: Seeing the majority of search queries isn’t enough. Google also wants to be able to see what Facebook sees, what Twitter sees, what Foursquare sees. Not only that, but it wants to own that data. It wants to be able to understand and profile consumers better based not only on their searches and the content of their emails, but also on the types of conversations they have, on the content they share, who they share it with, where they hang out, etc. This paints a far more granular (see “complete”) model for consumer tastes and behaviors, which allows Google to better target them with ads.

And yes, selling ads is how Google makes a chunk of its money.

– Advertising pipeline: In the same light, Google has looked at how much time people spend on Facebook and did the math. If they can build a platform that will attract as many eyeballs as Facebook and for as many minutes (even hours) per day, it will be able to sell a lot more ads.

This isn’t “Blue Ocean.” It’s just the evolution of an existing model.

And yes, if it pulls it off, Google will pretty much own the web.

If.

Everything else you hear about how awesome and cool and functional Google+ is, is basically window dressing. If you want to get to the heart of what Google+ is really about, this is it: Data, eyeballs, behavioral modeling, better targeting, ownership of advertising revenue on the web.

4. What about Microsoft?

Google+ seems to me a bigger threat to Microsoft than Facebook right now. Think about how Google has gone after Microsoft Office and Outlook. Now bring the Google+ interface into the mix and see how Google’s productivity tools offer a compelling, very well integrated alternative to Microsoft’s aging core products. Google+ promises to give collaboration and productivity a forward boost. What is Microsoft’s answer?

Microsoft’s R&D people are 5-10 years ahead of everyone else in their ideation and prototyping, but the company still refuses to bring its coolest product ideas to market. Google and Apple are where they are today in great part because Microsoft chose to pass on projects it figured it could always get back to someday. Its weakness has never been technical. It also hasn’t been due to a lack of imagination or access to talent. It is purely cultural. If Microsoft is going to be a contender in anything except XBox five years from now, the aging giant needs to change its approach to product development, product diversification, and it needs to work faster. And for that, it has to step away from itself and realize that not fully understanding who you are as a brand, as a company – in other words, having a static vision of yourself – kind of gets in the way of being a market leader. I am rooting for Microsoft, but something has to change. Microsoft simply has to start thinking bigger. In a way, Microsoft has to unMicrosoft itself in order to move forward.

5. What about Twitter?

What about Twitter?

6. What about Amazon?

Amazon has a history of partnering with Google (1)(2)(3) and it makes a lot of cash. Amazon is fine with or without Google+, but yeah, if Google+ scales, Amazon won’t be hurting for chewing gum money.

7. What about LinkedIn?

If Facebook didn’t kill LinkedIn, chances are that Google+ won’t either, even if it becomes the Goliath of the interwebs.

8. What else should we know?

For starters, you should know how to get started with Google+. Whether Google+ is the next big thing or the next big flop, these handy videos by Chris Brogan will help you get started with the new platform and find out for yourself what the big deal is about. If you love Google+, great. If you don’t like it, great. The world spins on either way.

Beyond that, I caution you against drinking anyone’s koolaid. Shiny object syndrome is a major source of noise on the web these days. Tech bloggers make a good living creating content on their blogs with the purpose of attracting as much traffic as possible in order to make as much advertising revenue as possible (and catch the eye of larger media outlets like Mashable, CNN, etc.) So every tech story they can get their hands on has the potential of earning them stacks of cash. The incentive then isn’t to truly analyze or report (or even wait and see), but to sensationalize every new platform release, from Quora to Google Buzz. There is nothing wrong with it, but just be aware of how the web “thought leadership” and content curation bubbles work. A lot of noise doesn’t mean a whole lot except a feeding frenzy of web traffic and incremental revenue. Right now, Google+ is the big story. A while ago, Google Wave was too. Don’t fall for the link-bait.

No one can predict the success of a digital platform. No one. Google+ could be the coolest thing in the world and yet never go anywhere.

Apps moving the the cloud is nothing new. SaaS (Software as a Service) is nothing new. Digital social networking platforms are nothing new. Integration of productivity and collaboration tools is nothing new. Will Google+ do it better? Maybe. Maybe not. We’ll see. maybe all Google+ will manage to do is inspire another company to build something that blows everyone out of the water and truly revolutionizes the web and computing. Google+ may simply be a milestone in a fast and long technical evolution. A footnote. A catalyst. No matter what happens, Google+ will be replaced by something else eventually. Maybe in 6 months, maybe in 6 years, but this is inevitable. So stay adaptable and flexible, and don’t get too attached.

If you want to leave Facebook and put all of your eggs in the Google+ basket, that’s fine. No one says you can’t try out Google+ and stay on Facebook as well. There is no need to take sides. You can own a Mac and a PC too without tearing a hole into the space-time continuum. You can like tea and coffee, paper and plastic, surf and turf, Lady Gaga and Mozart. Don’t make Google+ (or any social or digital platform) into a religion. Do you think the first people who tasted Pizza stopped eating spaghetti? Did headlines in the newspapers read “Pizza: The Spaghetti killer?” Did people wear buttons on their lapels at social events reading “I’ve switched to Pizza?” A little perspective goes a long way.

If you want to wait 3 or 6 or 12 months before jumping into the Google+ universe, nothing says you can’t. There’s no rush. Ease into it at your own pace. In the meantime, people will still be able to reach you by email, through Facebook or Twitter or LinkedIn, or even by sending you good old hand-written postcards – you know, with stamps.

I hope this helped. Cheers.