It uses native rendering when available, but falls back to a flash plugin that emulates SVG support when it isn't (meaning pre-IE9 Internet Explorer). This ends up covering ~95% of the market.
Also, I'd disagree that SVG is languishing. True, canvas is getting a lot of attention, but SVG is more than sufficiently mature to support projects like this.
I've played around with SVG, which supports links if you use "object" or "embed" tags. But if you use either of those tags, the SVG image acts more like an iframe which has scroll-bars if the SVG is too big, and clicking the link loads the page in the the SVG's little box. If you use the "img" tag then the SVG flows with the page better, but links don't work. :(
http://groups.google.com/group/protovis/browse_thread/thread...
This vis library looks really interesting to me because of its flexibility. My main concern is that it's based on SVG. I wonder how easily it could be modified to be canvas based instead. The only reason I say that is because canvas seems to be getting a lot of attention from browser vendors while SVG is languishing...