It looks like some Intel engineers have a T fetish. First we hear about HT, VT, LT and now there are talks about a new technology called Rockton Technology (RT). This one will be a hardware acceleration technology designed to speed up Java and .NET code. On the hardware side, the Inq compares it to instruction sets like MMX or SSE.
Part of RT is a JIT compiler for whatever language you choose to run. Since .NET is mostly open-ish, that one should be fairly implementable, and a wad of cash to Microsoft will make it very implementable. The JVM is a little more complex a situation, and here is where the official INQ crystal magic eight ball gets a little hazy.
The Inq claims Intel is working together with Apache to create an Apache JVM because there is no good open-source Java implementation to work with. Rockton will probably be baked into the Merom cores from start but it isn't sure when Intel will finalise and activate this technology. More details at The Inquirer