KentuckyFC writes "Gravitational waves squash and stretch space as they travel through the universe. Current attempts to spot them involve monitoring a region of space several kilometers across on Earth for the telltale signs of this squeezing. These experiments have so far seen nothing. But by monitoring an array of pulsars throughout the galaxy, astronomers should be able to see the effects of gravitational waves passing by. They say such an array of pulsars should effectively shimmer as the gravitational waves wash over it, like a grid of buoys bobbing on the ocean. That'll create an observatory that is effectively the size of the entire galaxy. These observations should be capable of monitoring how galaxies and supermassive black holes evolve together, and shed light on the physics of the early universe. Best of all, the next generation of radio-telescope arrays should be capable of making these observations at a cost of around $66 million over ten years. That's a small fraction of the hundreds of millions that Earth-based observatories have already cost."