Media - File Styles Roadmap
This past month I've been busy getting the Styles module ready for release. This module does the heavy lifting for display of Media objects. For those that don't know yet, Media, the File Browser to the Internet, is the future of media handling for Drupal 7. It exposes the underlying streams API of Drupal core, allowing for fieldable media entities (fields on files), mixing up images and audio, local files and YouTube.
Basically, the Styles module allows you to select a style for display with a field (or in a View or with WYSIWYG), and the field will be displayed as determined by the predetermined criteria. For instance, as shown in the above diagram, you might set the display as 'Medium', and the actual displayed file or remote stream will be selected according to the file's mime type (as an image, a video, in an mp3 player, etc).