I've been working on a Canvas library for full-powered diagramming for a year and a half and it currently weighs in at 597kb minified. (private alpha going on right now, so its nearing final size)
It's super awesome and covers an enormous amount of enterprise diagramming needs like customizable nodes, links, layouts, an undo manager, data binding, models, overviews, events, commands, tools, you get the idea.
But do you think people will reject it based on the size? Do you think not having a slimmer version would be a deal breaker?