Xaero_Vincent wrote:
But will it be a fully platform independent standard like JPEG-2000?


http://blogs.msdn.com/billcrow/archive/2007/07/31/industry-standardization-for-hd-photo.aspx
Bill Crow wrote:
Our goal is that HD Photo becomes JPEG XR, an open standard under the complete control of the JPEG Committee, with royalty-free rights to all required patents granted by Microsoft. Microsoft is actively participating with the JPEG Committee to produce a complete and detailed technical specification enabling anyone to create implementations in any programming language, on any platform and under a wide variety of business models.