Exactly, NatCh. We have plenty of standards already and now come yet another standard that promise to save the world. I am well-bewandered in the purpose of standards, having postgraduate degrees in Law and Computer Science and taught the latter at a university for a decade. In computing, I have seen languages that promised to be the last relevant: Ada, Eiffel, C++, Java, C## and what do you know: the only language that is forever is good old C. Likewise, HTML has been around for a long time and while it is not good, it works. We want ebooks in HTML so we can move to whatever hardware we like. It will probably take a while, but I think we will eventually get there.
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