Sun announces a new IDE called Java Studio Creator, which contains rich user interface to create application as easy as you're using Microsoft .NET Framework and Visual Studio .NET. Concerning the web front, it uses JSF to create the MVC model and making it easy to create jsp by drag-and-drop icons.
The application seems quite nice. But I think most of the Java developers would just wait and see and stick on other IDEs like Eclipse, netBeans. (BTW, Eclipse is going to release 3.0 at the end of this month)
BetaNews | Sun to Highlight Java Studio Creator