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I was also equating the STL and OGL - my fault. But OGL cannot be "revoked" per se. If the PHB (for example) was published under the OGL, then that content will remain governed by the OGL. On a side note (irrelevant tangent), I also think that the trademark is of lesser importance in this industry than it would be in others, but not entirely irrelevant or anything like that.
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The
OGL can't be revoked, true. However, keep in mind the following:
1)
WoTC never made the D&D game
OGL. They have the rights to all the content. Thus, they are allowed to go to the "source well" and reinvent the game without violating the
OGL.
2) The
SRD of the game doesn't have a lot of descriptive information--no monster background or "what is a fighter". Most of it is rules--stat blocks, etc. The "fluff" was reserved by Wizards.
3) D&D is being
Significantly changed in many ways.
3e and
4e are not compatible. For instance, the Pit Fiend in
4e has different powers, rules, attack ranges, etc. You won't really be able to use
3e monsters from the
OGL itself. For balance purposes, you're really going to have to take them from the
4e versions.