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There is just a high level of a professionalism around the whole project. Who is sponsoring all of this? Do they all work for Oracle?

Valhalla is 99% done by Oracle, yes.

I’m impressed by their uncharacteristic discipline and long term vision. In the big tech I know this would get pushed early.

I'd say it is very characteristic of the Java team at Oracle to be committed to discipline and long term vision.

I strongly suggest watching some of their talks from JVMLS (JVM Language Summit), especially the ones from Brian Goetz and Mark Reinhold.