Zigbee is already an open standard, but some Zigbee devices don't work with others. Yet, with Z-Wave they all tend to work and there isn't that much of a price difference (between Zigbee and Z-Wave devices). The biggest problem with Zigbee is that is uses 2.4 GHZ which doesn't travel long distances or through walls very well. Z-Wave uses a lower frequency that does. (edited for clarity)