Minimal external dependency. Maybe, the only external dependency I forsee is for JSON parsing. XML parsing is done by super-fast StAX. API should be easily extendable. Validation for compliance to the specification should be in place. Should be available in Maven public repository.
The initial version of the code is committed in the mercurial repository---interested hackers, have a look!
"Launching Java API for oEmbed 1.0 Specification"
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