There's no "G-WAN's Javascript engine". Just plain old V8 embedded via a handler. You get just the basics, no batteries included aka you need to code the bindings to various things (like FS, crypto, etc) by yourself.
A year ago, a member of the former G-WAN community wrote a handler and V8 wrapper: https://gist.github.com/1077769. Guess that the G-WAN author (Pierre) tweaked that a little bit more.
Tested it myself. For simple "hello world" it was 5.5x faster than node. Quite impressive given the fact that a new V8 context is created with every request. But, again, no batteries included.