The trend in web apps is to do more of the work client side through Javascript (see GWT, SproutCore and Cappuccino) so a new server side framework seems a bit late to the party.
Performance as a result of compiled code seems to be the only real selling point, and in my experience, server-side code performance is not a widespread problem...
I don't begrudge someone hacking together something new for the fun of it, but this comes across as a real company trying to make a profit.
Who's going to actually use this?