Will/does 1.5 give access to a high res timer?

Will/does Java 1.5 finally allow applets to do proper animation using a hi-rez timer? Or are we still stuck with the horribly innacurate method of calling System.currentTimeMilis() ?

This is the only feature that I really want in any new version of java. It is really ticking me off, as my current project is an applet with animation, and it suffers from the stupid jerking because of small speedups/slowdowns that cannot properly be detected with an accuracy of only about 20ms.

I am gonna start to cry if this is forgotten(is there a reason?) and left out of yet another significant update of Java.

System.nanoTime();

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