Well, maybe not. I only joined a week or two ago.
I predicate my involvement on its moving to a formal standards body like OASIS. But that's off-topic here.
As to formats, if you look in the FBReader forum, you will see that I propose expanding beyond the existing formats to allow any arbitrary XML vocabulary.
It's another case of "if browsers can do it, and XML editors can do it, why not our e-readers?"
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