Re: Third, nobody knows if anything is immune from unknown-by-definition patents, and MPEG-LA does not protect against them either:
> Q: Are all AVC essential patents included?
> A: No assurance is or can be made that the License includes every essential patent.
http://www.mpegla.com/main/programs/AVC/Pages/FAQ.aspx
However, as far as known patents go, VP8 is clean. I'm pretty sure Google put incredible effort in analysing the risk before making themselves troll target.
The codec is very close to violating many patents, but with "strange omissions" (http://x264dev.multimedia.cx/archives/377) that make it non-infringing. IANAL, but that sounds like great strategy — there are unlikely to be two different 99% overlapping patents (that would survive re-examination and apply to VP8 only), and you can be sure you're not infringing the known one.
If you look at list of supporters:
http://www.webmproject.org/about/supporters/
That's patent troll dream. Everyone to sue, from small fish to test claims on to biggest pockets to drain. And yet, no trolls appeared.