There is a strong sea-change in academia----an admission that an anti-wiki or “we’ve always done it ‘the other’ way” attitude is both limited and limiting. “Our existing practices were formulated during an era of paper-based exchange; wikis and other Web 2.0 tools may enable processes that could be substantively better” (Kane & Fichman, 2009). Using wiki examples and ideas from several educators and researchers, this article shows that this huge part of New Media can serve as a viable research and teaching tool. Wikis can launch solid undergraduate student research and can facilitate student and professional collaboration (Greenberg & Klas, 2008; Kimmerle, Moskaliuk, & Cress, 2011). Since “the popularity of wikis has skyrocketed” (Bejune, 2007), many academics welcome the opportunities that wikis offer. This article also acknowledges and examines the risks of wiki use, including student use of