Java != JVM
http://java.sun.com/developer/technicalArticles/DynTypeLang/
But perhaps the most interesting aspect of any new major Java release is that they're usually 10-20% faster across the board, due to new and better optimizations. As the saying goes, if your Java app isn't fast enough, upgrade to a newer JVM.
I think invokedynamic combined with more runtime profile-driven optimizations in JRuby could easily double JRuby's Ruby-execution performance (or better), and in many cases reduce memory churn too. Lots of good things coming...it's nice to have an army of VM engineers on your side.