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The S-expression has cleaner whitespace and field names than the JSON, which makes it harder to make an apples-to-apples comparison.

But the biggest problem with that S-expression is that I don't know how to parse it. Is SGML a symbol, identifier, a quoteless string? How do I know when parsing the 'entry' field that what follows is going to be a list of key/value pairs without parsing the whole expression? Is 'see-also GML XML' parsed as a list? How do we distinguish between single element lists and scalars? Is it possible to express a list at the top level, like JSON allows? How do you express a boolean, or null?

Of the problems outlined in the OP, S-expressions solve one: there's no question of how to parse trailing commas because there are no trailing commas. They do not solve questions of maximum levels of nesting. They have the same potential pitfalls with whitespace. They have exactly the same problems with parsing strings and numbers. They have the same problem with duplicated keys.

My point here isn't that you can't represent JSON as S-expressions. Clearly you can. My point is that in order to match what JSON can do, you have to create rules for interpreting the S-expressions, and those rules are the hard part. Those rules, in essence, _are_ JSON; once you've written the logic to serialize the various types supported by JSON to and from S-expressions, you've implemented "JSON with parentheses and without commas".