Exactly my point. So Adobe is going to invest their best developers and gobs of money trying to make a web based photoshop. What if I were to form a startup that made a new next-generation Desktop Image Editor based on Qt (cross platform ftw) with the goal of being able to surpass Photoshop.
There is a market of at least 1, me, for a graphics editor that a smart (I understand the nature of graphics files), but non-trained (in photoshop) person can use. I've tried pixelmator a few times, but I have absolutely no idea how to use the damned thing. It looks simple enough. Yesterday, I opened an image and simply wanted to double the width, keeping the gradient "in tact". I couldn't even figure out how to select the area I needed (which was the whole of the image on the canvas).
Your reply hint that Splashup is a desktop Image Editor that is set to take over Photoshop, but clicking on the link presents me with a POS flash app. Are you trying to say that Splashup already proved that Photoshop will fail to make a web app? It doesn't really matter because Adobe has drunk the Flash cool-aid and will make a Photoshop web app no matter how many have tried before because they will think they can do it better.