dig space, by "Lee is not sweating", I did not mean lack of concern and the need to strategize:
IMO Wave's planning and strategies for their market opportunities in trusted computing is looking beyond KTM ES AD, even if MS is planning for a takeover of server-based life cycle management of TPMs, which I don't think they currently are. Certainly KTM ES AD, and ACM, which btw is not even an officially released product which underscores how early we still are in the deployment curve, are critical for immediate term financial success, but Wave's enduring success will rely on Wave growing their offerings beyond KTM and ACM.
Again, I think Wave will get well established in what they currently do with KTM (and ACM) well ahead of the full release of Vista. And again, I have trouble envisioning Wave's customer base migrating to MS, just because MS is not always that well-regarded.
I believe one item of more near-term interest to MS than KTM is Wave's TCG-compliant CSP, because that is what third parties writing applications to Vista's TPM will require to write to all TSSs.
