CFML as a standard?
Yes, it's not a bad idea, but how relevent is it? or useful?
Personally I like the idea of competition, because the free market always drives innovation.
But what changes would we want a competitor to do or not do?
I think it's up to the competitor, what changes provide him/her with the sales to keep the company going.
Tag Libraries I think are the way to go, just like how cfscript udf libraries or cffunction libraries work.
Instead of having new cfml tags/functions, have tag libraries that can be used any cfml server, to work.
That way whoever has the most efficient and coolest tag libraries will help innovate and drive the market.
After all there is a saying about trying to be too much, and be everything to everyone.