Java is still available, just as an "extra" download no Lion.
Java will always be available in some form or another. I'm just wondering if it is going to languish as Apple has been fairly clear about not spending time on it.
I'm currently using phoenix 1.48 and my Macbook Pro with an AMD Radeon HD 6750M GPU is hashing at 67-68 MH/s on the dev preview 5 of Lion
Mind testing Diablo and see how it compares? Thanks.