Prism: Bringing the Desktop Out of the Office

This is really a cool development in web applications.
Mozilla Labs Blog » Blog Archive » Prism
Unlike Adobe AIR and Microsoft Silverlight, we’re not building a proprietary platform to replace the web. We think the web is a powerful and open platform for this sort of innovation, so our goal is to identify and facilitate the development of enhancements that bring the advantages of desktop apps to the web platform.
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