Delphi and JBuilder as role models for Rails development?

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Chatting over a beer with Ola Bini last year, we discussed the possibilities for JRuby. My dream was to run a Ruby IDE on top of JRuby to get a Smalltalk like environment, because Smalltalk is still the best programming environment I have ever used.

Now that 3rdRail, running on JRuby, is released, should I get my hopes up? Some people are actually very excited about it, but when Delphi and JBuilder are referred to as some sort of pinnacle of development it seriously makes me wonder.