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Macromedia, IBM and Oracle are in the business of selling application servers, plus development tools, so I can see why they'd be interested in contributing to this JCP. Macromedia is also probably interested in exploring what can be done with Flash-based JSF libraries.
I didn't hear that they were going to deprecate JSP or HTML, so if you don't like the idea of working with JSF, by all means don't waste your time. Also, I hear far more buzz about JSF from developers/OSS proponents than I do from vendors.
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