If you are still trying to untangle your JPEGs from your Gifs and Tiffs then you are probably not going to be terribly impressed by the prospect of yet another picture file format. Like it or not, though, you will probably be hearing a lot more about Windows Media Photo from Microsoft. WMP will be a core ingredient in the new Windows Vista operating system, due out later in the year (well, early 2007 for non-specialist users) and there will be retrospective support for it in XP.
MS claims it outperforms existing formats when it comes to compression and flexibility. Key features include multiple colour formats for display or printing, fast and efficient coding and decoding and a small code footprint, which means its ideal for use in portable devices (cameras, phones and so on).