Anyone care to comment on where we might use such a thing? Is it already in use? And does it compare favourably with BSON?
[BSON] is a data format that was developed for the storage of JSON-
like maps (JSON objects) in the MongoDB database. Its major
distinguishing feature is the capability for in-place update,
foregoing a compact representation. BSON uses a counted
representation except for map keys, which are null-byte terminated.
While BSON can be used for the representation of JSON-like objects on
the wire, its specification is dominated by the requirements of the
database application and has become somewhat baroque. The status of
how BSON extensions will be implemented remains unclear.