Essentially, their position appears to be "we haven't decided our position, yet."
For those of you who aren't aware of
SVG, it is
the W3C's recomendation for XML based
Scalable Vector Graphics. It is important becuase of the
huge number of potential applications it has. Not only is it a potential
standards based replacement for Flash, but it allows entirly new things to be done.
For instance, because it is XML based, it is possible, (in theory at least) to use an XSL stylesheet
to convert data in an XML document into a graphical representation of that data, without resorting to writing code.
For a look at a (fairly trivial) example of this, look at
the antarcti.ca webmap, which produces SVG
maps of the web from the DMoz RDF dumps (This site was
featured on Slashdot a couple of weeks ago).
It is important to note that this site only works in IE. That isn't because of ignorance
on the part of the site's designers - it was designed that way because only IE currently has
SVG support. Unless something changes, more sites will be forced to go that way because of the technology lead IE has over Netscape. Having Adobe's SVG viewer available for Netscape would help combat this vendor lock-in.
Here's some further MLPs on SVG: