Holy shit do I strongly disagree with this.<p>&gt; <i>Although 12-bit color depth with JPEG comparable compression levels would sure be nice.</i><p>Exactly: there are <i>so many</i> features - like higher bit depth, alpha transparency, different colour spaces - missing form JPEG.<p>IIRC, JPG2000 wasn&#x27;t adopted because back in the day we only had Internet Explorer, which required a special plugin, it was too slow, and there weren&#x27;t many export options.<p>BPG and FLIF are good contenders in the lossy&#x2F;lossless area though.<p><a href="http:&#x2F;&#x2F;bellard.org&#x2F;bpg&#x2F;" rel="nofollow">http:&#x2F;&#x2F;bellard.org&#x2F;bpg&#x2F;</a><p><a href="http:&#x2F;&#x2F;flif.info&#x2F;" rel="nofollow">http:&#x2F;&#x2F;flif.info&#x2F;</a>