I agree with Gishu and Nick.
Designing part of a protocol later often leads to thoughts like "damn, I should have done this that way, now I have to use this ugly workaround"
But it also depends on who will interface with this protocol.
If your control both ends, and that they will change of version at the same time, you can always refactor the protocol later as you would with a normal code interface.
About doing the extra protocol features implementation later, I found that implementing the protocol helps a lot to validate its design, so you may at least want to do a simple out-of-production code sample to test it, if you need the design to be official.