We all know that Dave Winer has ruined RSS. So now it is time to move on.
The Project aims to replace RSS with something that is technically superior, easier to use, and not controlled by Winer. All are, in my opinion, necessary.
Slash will happily support this when it is done and the tools are available. Well, Slash won't happily do anything, let alone support this, but I will happily add support for this to Slash. It's still sorta early in the process, and I am too busy to participate, but I trust the people involved, and I am very optimistic about it. Fight the bad, support the good, and save the world!