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Joe Gregorio sounds a little cynical about XML:

Listen closely, in 5 years we'll replace XML with some new whizbang format, and make all the old mistakes in totally new ways.

Sort of like the way XML is a whiz bang format, with a set of interop standards (Web Services) that replaced the former whiz bang format (IIOP) and set of interop standards (CORBA)? Heck, there's even talk of binary XML now. The more things change, the more they stay the same....