What's missing in Google Search

Let's face it, most of the world relies on Google Search to find information on the web. I do. In this day and age of Facebook, Twitter, LinkedIn, social bookmarking sites and other "social applications", Google Search is still years behind.

Some basic features that are sorely missing from their flagship product:

1. Linking to a search result. Even Google Maps has this feature, but Search does not
2. Creating a bundle of links like Bitly from some selected search results

Why? Because it makes it easier to share research with colleagues and friends. It also helps to bookmark only interesting links when you are looking for some information and not have to wade through tons of results.

I've suggested this feature to Google a couple of times, but it seems to have fallen on deaf ears. I hope at least the Bing team is listening.

This is what I'd really love. To start with, at least:
(If you were wondering, I used Balsamiq to create the mock-up)