Platinum Tech. Planning OSS Web 3D Tools?

There is a story over at News.com that says that Platinum Technologies has signed a letter of intent with the Web3d Consortium to turn over the source code for some of the Cosmo tools for some type of open source developement project. This could be a big development for 3D on the web. What do you think of the Cosmo line or tools and programs? I tried them on an SGI (if it's the same code) a while ago and they were pretty sweet. Here is the press release from Platinum..