It was announced on the HTML Working Group mailing list this morning that the
font element will be absent from the next draft of the HTML5 specification. The inclusion of
font in the spec was controversial, as many (including myself) thought it was a purely decorative element that had no place in semantic code.
Of course, browsers will still have to support the element because of the many legacy sites on the web; but as of now any software that generates mark-up should use the
style attribute instead. It’s a small increment better.