It's very similar to CoffeeScript. It is a strict superset of JavaScript, so all valid JavaScript remains valid Objective-J.
You also shouldn't confuse the language (Objective-J) with the Cappuccino framework. Objective-J is just about providing certain language level features on top of JavaScript, the same way Objective-C implements features on top of C. It's also 100% cross browser, so I'm not sure what you mean by that.
Cappuccino is a full fledged framework for building apps which run in a browser. I'd argue that it's the best, but my opinion would hardly be unbiased. It does in fact implement an API for using Canvas (which also works in IE). Though, that isn't a JavaScript feature. And pretty much nothing in HTML5 is present in 50% of the browsers out there.