Being able to see the specs on the format may have benefits but the content is still beholden to Adobe.
This doesn't go far enough. Adobe is in a bad position with the release of Silverlight. It will become Netscape all over again as Silverlight ships with future Windows and is possibly pushed out to existing deployments via automatic update. They need maximum proliferation potential and, in my opinion they can only get that by opening the whole package. Otherwise say bye bye Flash.
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