Google WebP?

	What is WebP? WebP is a method of lossy compression that can be used on photographic images. WebP offers compression that has shown 39.8% more byte-size efficiency than JPEG for the same quality in a large scale study of 900,000 images on the Web. The degree of compression is adjustable so a user can choose the trade-off between file size and image quality. A WebP file consists of VP8 image data, and a container based on RIFF. Webmasters, web developers and browser developers can use the WebP format to create smaller, better looking images that can help make the web faster. Did you know? WebP is pronounced "weppy". /(wĕpˈē)/
	How does WebP work? WebP uses predictive coding to encode an image, the same methodology used by the VP8 video codec to compress keyframes in videos. Predictive coding uses the values in neighboring blocks of pixels to predict the values in a block, and then encodes only the difference (residual) between the actual values and the prediction. The residuals typically contain many zero values, which can be compressed much more effectively. The residuals are then transformed, quantized and entropy-coded as usual. WebP also uses variable block sizes.
	What's in this release? This release provides a lightweight decoder for WebP files (libvpx) and a command line tool (webpconv) for converting images to and from the WebP format. The WebP team is developing a patch to WebKit to provide native support for WebP in an upcoming release of Google Chrome.
	Why should you use WebP? By using WebP, you can: Provide a faster user experience on your site. Reduce your bandwidth and hosting costs. Improve the web!