I've lamented for a while that, while JS engines are flourishing from a speed perspective, there has never been one as small or embeddable as Lua.
Now we have JS as embeddable as Lua, and nearly as small (it probably can't be quite as small because Lua is a simpler language).
Now the only thing Lua has on JS, implementation-wise, is an implementation that is very small/embeddable and very fast (LuaJIT). LuaJIT is also about as small as a JIT-compiled interpreter can be.
But it looks like Tessel is working on filling that gap as we speak -- they are working on targeting LuaJIT for their JavaScript implementation http://blog.technical.io/post/102381339917/a-new-engine-for-...