SVG are vector graphics that can be rendered in all modern browsers:

http://caniuse.com/#feat=svg-img

You do miss out on the recoloring and any other font styling options though.

Actually you can style SVG with CSS

    #yourSVG {
        fill: red;
        stroke: blue;
    }

I don't think you can re-style a SVG with CSS if you embed it with IMG. CSS styling has to be inline with the SVG, so you can embed it directly, or you can change CSS with JS.

mind = blown

The problem is that, until <svg use> is standardized and supported, the only way to style svg elements is if you include them in your markup (or use something like Iconic's SVG Injector).

There's a tradeoff between inlining (or rather, including them server-side) and calling them as <img>, background-image, or fonts. The size, http requests, caching , and styling all play a role.

They can also be recolored more easily, making themes easier to maintain.

But they can only be one color. I don't think gradients and stuff work on them.

There are ways to use multiple colors:

http://www.pixelambacht.nl/2014/multicolor-icons/