Writing at CNET, Paul Festa reports on Opera's pending release of a faster version of their popular — and already fast — browser. Festa examines Opera 7's new rendering engine that was rewritten from the ground up over the past 18 months . . .

” . . . Dubbed Project Presto, after the musical tempo-character marking indicating speed and lightness, the rewritten browser was designed to make Opera both faster and more compatible with the Document Object Model (DOM), an emerging standard technology that lets scripts, like JavaScript, act on individual elements of a Web page . . . “

“Opera has sought to carve out a space for itself in the hypercompetitive browser market by focusing on handheld computing devices such as set-top boxes and cell phones. Its market share percentage lingers in the low single digits, but the company is one of the few to still make money from charging for advertising-free versions of its browser. The company claims 1 million new installations per month . . . “

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