Everyone makes mistakes now and then; the hard part is admitting it. Yet that seems to be just what Google (Nasdaq: GOOG) did on Saturday following its acquisition of AppJet, maker of the EtherPad collaborative word processor.

The news first broke last Friday, when it was announced on the EtherPad blog that Google had acquired San Francisco-based AppJet.

AppJet’s EtherPad is sometimes likened to Google Docs, but with the addition of real-time collaborative capabilities.

Along with that announcement, meanwhile, came word that EtherPad would no longer be available after March 31, 2010, and that no new free public “pads” — or collaborative documents — could be created. EtherPad’s team, the announcement read, would begin focusing its efforts on Google Wave instead.

Google Wave is an online tool for real-time communication and collaboration in which people can discuss and work together using richly formatted text, photos, videos and maps.

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