Two questions, first the easy one:

Does anyone have a 'font-lock-mode' for the trace format files that AIX uses?

Assuming the answer to that is no... Where should I start?

I would like two basic things when I edit a trace format file.  One would be to highlight and color various parts of the file like C mode does in font-lock-mode.  But more importantly is a syntax check.  I have a package called nxml that does this for xml things.  I'm not sure if the two concepts are connected or not (I think not actually).