I think so, and the managers at Adobe and Sun must be kicking themselves for not somehow getting their runtime more open, modular, and standardized now that we see write once run anywhere with a few system hooks is all we need.
Then again... It was a different world in the mid 2000s. The web standardization process? Ha, what was that?
On a side note, I'm seeing more articles pointing out that WASM runs in the JS VM. Doesn't negate the whole advantage of speed for WASM?