Asside from the gawd awful language, the thing is that java is nothing special.
If its platform native code vs VM, well we got: Java (woo)
Ruby (woo-er)
Python (woo-er-er)
Haskel
Lua
Freaken' Emacs and it's lisp
tons of lisp derivitives
The list goes on. Java is not the only VM on the market. This article would have been good in 1996.