Today the HTML working group published the first public working draft of HTML 5 — A vocabulary and associated APIs for HTML and XHTML.
Some of the most interesting new features for authors are APIs for drawing two-dimensional graphics, embedding and controlling audio and video content, maintaining persistent client-side data storage, and for enabling users to edit documents and parts of documents interactively.’ An updated draft of HTML 5 differences from HTML 4 has also been published to help guide you through the changes.
Now all we need to do is wait until there is a browser that supports it! 
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