I picked up a copy of "Wavelets for Computer Graphics - Theory and Applications" a week or two ago, and have spent the last few days reading through it and implementing a simple 2D image compressor using wavelets. Wavelets are really cool. I did not realize they were useful for so many different things.
Once I'm done playing with my 2D compressor, I think I'll move on to either video compression, or subdivision surfaces. Either way, I should really study the theory in more depth first.
Why doesn't Advogato let you underline text in a diary entry?