OMG I have wedges from 5 years ago and ten years ago. They are wearable and will be around. Seems like fashion is more forgiving now.
I don't think that wedges will ever go out of style because they are a practical and comfortable alternative to heels, especially as a casual daytime shoe for the summer. But they may not be as popular as the past few seasons. Last fall, wedges were designed by most houses, I have not seen the same focus for this fall. But I think that if you love them, wear them! I certainly will be.