Brendan Eich sums it up pretty nicely in the bug comments:
We are turning canvas on – it’s already on by now. Get over it. Nothing in a relatively new spec is set in concrete, but that does not prevent useful work from being built on it. This is how the Internet protocols, and then the web, were built. Welcome back to incremental innovation. The lull of six years of monopoly-induced stagnation is over.
The cool thing about
It’s supported by Apple’s Safari and will be by the next Firefox released from the trunk (1.1 or 2.0, depending on if they have branched or not). No word yet on whether IE7 will support it, but I’m guessing the answer is no for a couple of years at least.Read full post