Looking at the Studio web site today I noticed that MS had a response to the rumors surrounding the sale of VJ++. It's very interesting (even mentions COBOL - aaaayyyy!). However, at the bottom is a statement that they cannot comment on the future of VJ++ due to lawsuits, etc. Interesting that it's another product that's dying now, not VFP.

http://msdn.microsoft.com/visualj/news/rumors.asp