Sun and Microsoft Settle Litigation
spurious cowherd writes "According to The Register Sun Microsystems & Microsoft have reached a settlement in their several lawsuits aainst each other. Sun gets $2B and both parties agree to share intellectual property." There's a press release to read as well.
I'd just like to point out that you can still target pre-1.5 JVMs (i.e. 1.2, 1.3, and 1.4) while still developing using the new 1.5 Java language.
You can use my free, open-source, tool, Retroweaver (which has "blessings" from Sun's compiler team), or you can pay money for CodeGuide.