how does it compare to inkscape?
Also, would it bring more to table on the web compared to svgedit?
Inkscape has far more features, and Hyvector does not support some SVG features like filters and masks, yet.
But I think Hyvector is easier to use, and this is the main focus. I spent a lot of time on cleaning up the UI, and I still see room for improvement.
Performance is comparable. I am testing with some massive SVGs that have tens of thousands of path nodes, and Inkscape and Hyvector can handle them equally well.