Battle of the titans: Google, Microsoft and drawing on your screen

This is fun to watch, albeit scary. The frozen world of vector graphics (you know - maps, drawings, presentations), the long neglected alternative to bandwidth sucking 19th century raster graphics, is warming up. Is there any future for Adobe, or will they throw themselves into Google's arms? Can Apple "punch about its height" and somehow swing the market away from the dark shadows of Silverlight? Will Google pluck the long neglected W3C "structured vector graphics" from the grave?

The next few months may tell the story ...