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Java hasn't "failed", exactly... it just hasn't taken the world by storm. Then again, neither did C++ (which Inkscape is written in). The work being done in GNU Classpath, GCJ, Kaffe, SableVM and the other Open Source projects to implement the Java specs and APIs give me hope.
As for reinventing the wheel, that's the fault of closed source software. If Illustrator, Freehand, Corel Draw, or even Pro Draw had chosen to open their sources up, then we could have reused *their* wheels (the way Sodipodi used Gill and Inkscape used Sodipodi).
From now on, when someone wants to take a vector illustrator in an innovative direction, they only have to start from scratch if they don't like ths license. That's why (in my opinion) Open Source Software will eventually kill off closed source software: OSS can radiate faster and fill more speialized niches. The only advantage that closed source has is that they started earlier, and had better funding initially. OSS has had to build up its network effect, but now we're on the steep part of the asymptotic growth pattern. We're only going to keep accelerating.