So, Adobe are making a Flash packager which will build native iPhone versions of Flash: now why can’t Sunacle give us something like this? Apparently there’s an actual J2SE6 JVM floating around for the iPhone: let me get me hands on it and see what I can do with it.
Cas 
Because the name “Sunacle” sounds too close to “Barnacle” or “Testicle.”
But more seriously, I don’t think that this’ll be high on their list, given that the only real thing that this tool would be useful for would be games, and Chris seems to be about the only person at Sun who takes them seriously. Which is dumb, considering the billions and billions games rake in every year.