Despite Mean Mr. Mustard's concerns about his Bambi install, Java seems to think there's something to Silverlight. I disagree that JavaFX is any sort of a response to Silverlight, but they're spinning it that way. So it looks as though Sun is taking a page from the MS handbook and throwing something that's similar that's almost ready out there just to say "we have that too and we've always been intending to release it" (followed by the hurry to make the spin reality). It's a pretty common strategy, my company's competitor does it all the time (that's supposed to be funny).
If you're a developer who's interested in more than a cursory explanation, Scott Guthrie's post from yesterday has a lot of detail, including a presentation about using Ruby with the dynamic language runtime.
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