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That said, I may be reading too much into this. Yeah, it might be possible for Google to have a search service that works adequately in a very limited scope with respect to microblogging. Nonetheless, the general problem of real-time search of various data streams is theoretically equivalent to another longstanding unsolved problem in computer science, indexing true spatial data, which also remains manifestly unsolved. I don't think many people fully grok the theoretical context of these kinds of applications nor the implications of solving the underlying technical problems.
To do this, Google would be required to discard their entire technology base as a theoretical prerequisite. I do not think many people would make that assertion.
Chris
http://worstiphoneapps.blogspot.com
http://apoint2share.com/?p=43