I've done some reading on JPEG2000 (.jp2, .jpx). Apparently it has some much-improved compression algorithms (less artifacting, smaller size, or lossless compression if desired). However, uptake has been very slow, and it has little support. Nonetheless, if I can get some documentation on it, I can consider how much effort it will take to implement it. There's also the question of patents used in it, and whether they've expired by now (same goes for GIF and LZW). If it's a big project, it may not be worth doing unless there is more demand for JPEG2000 support (so far, only one request). I don't see any libraries on CPAN for this format.