[riffraff]

I wanted to find the reference but I failed.

Anyway, I just wanted to counter that IIRC mike pall of luajit fame has stated that in his opinion a VM/JIT laser focused on a single language's semantics is much easier and in the end more effective than using a general purpose one.

Alas, I can't find the reference, but the luajit example stands on his own. Whether designing your own VM is a better use of money&time is largely a trade off of what your targets are. E.g. HotSpot could have been a great target unless you are interested in fast startups, or whatever.