The question of industry standardization for peer to peer has been a heated one. Intel's initial proposal for an industry consortium with centralized decision making by major funders drew heavy criticism at the P2P working group meeting last October. Their modified proposal will have been unveiled at the February meeting shortly before this conference. Here, panelists who have experience with other standardization efforts will react to the Intel proposal, and present some ideas of their own. Heavy audience participation will be encouraged and expected.