seems as finally google started working on it and will be available soon ;D
for more information have a look at below video around 43rd minute:
http://androidappdocs.appspot.com/videos
Sounds exciting to me!
I'll be glad to have an emulator that's actually worth testing in now. :) No more 2 fps jPCT tests!
Also, I was watching the wrong video. Here's the direct link:
http://androidappdocs.appspot.com/videos/index.html#v=Oq05KqjXTvs (http://androidappdocs.appspot.com/videos/index.html#v=Oq05KqjXTvs)
Thanks raft
i had opened an issue for this more than a year ago. here it is if you want to track the subject:
http://code.google.com/p/android/issues/detail?id=6816
...and it just took them a few years to figure out why the emulator is so slow...not bad, Sherlock.