JITB is currently able to translate a subset of ActionScript code at runtime into Java bytecode and runs nearly at the same speed as native Java. This is a really huge improvement compared to standard ActionScript performance. A lot of smart people worked on the JVM and made it really fast. Apparat will allow you to leverage all this hard work in the future. I am also shooting for Java interoperability at some level so that you can call Java classes from within ActionScript. Hopefully you will be able to use JITB on your desktop machine, on a server or on an Android phone. Basically everywhere Java runs.
(Link: Introducing JITB a java-based flash player)
Introducing JITB a java-based flash player
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August 21, 2010

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