We guys Blog, and now Google tells us to go beyond it. In words of Google, a knol is an authoritative article about a specific topic.
In first look, it seems like a combination of Blogs and Wikipedia. Here you create articles as you do in Blogs, but they are consolidated as in Wiki. There can be contributors, communities and collaborations. Moreover, you can have revisions. You can review Knols, post comments and reply to comments. So this makes it more like forums.
I found some really nice topics in there like Blood Transfusion, Muscle Cramps and the best part is, that these topics are by authentic people from respective fields. Google verifies experts so their content is genuine.
So go on....
Add your piece of knowledge to KNOL
http://knol.google.com/k/knol#
Oh by the way, I loved the way it uses AJAX. Really SUPERFAST

