Is ebXML already a valid alternative for EDI?

Steve Capell's take:

However, the reason I'm saying that ebXML, as a complete architecture,
can help is because, unlike EDI:

1 - the ebXML architecture provides a means to define in a precise &
machine readable way, ALL the layers of the "interoperability domain"
from transport, messaging, security, information semantics and
choreography (lets call that the "public process"). This gives an
implementer the opportunity (IF the UMM and consequent XSD, BPSS, and
template CPA are precise enough) to build re-usable integrations (lets
call them "private processes") for the most common back-office
applications in the community.

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