I would like to know whether SMIL has been fully incorporated in MMS?? If yes then is it only the SMIL Basic 2.0 or is it full SMIL?? What are the audio and video formats supported by SMIL?? or is this independant of SMIL??
I would be grateful if someone would clarify on these points.
There is no newer version of the Conformance Document. See 3GPP spec TS 23.140 for information about what formats are expected to be supported. These should be independent of SMIL as far as I know.