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L2TPv3 as Next Phase Softwires Solution
IP over L2TPv3
L2TPv3 also offers a more optimal softwires solution with its capability to directly tunnel IP frames

IP Pseudowire support:
draft-ietf-l2tpext-pwe3-ip-01
IP Pseudowire Type has the following advantages
Not necessary to negotiate PPP at session initiation
Not necessary to include PPP encap in data
Authentication is available at the tunnel level
Implies one session per tunnel
New AVPs to provide basic IPCP / IPv6CP Address assignment services are required
PPT Version