It's about time. Because of browsers, jdk 6+ (which comes with rhino, the javascript runtime) and v8 (specially on nodejs), javascript is one of the most widely deployed languages/platforms. It is on desktops, mobile phones and servers.
It's another attempt by "vir" to create haskell-to-javascript compiler. Now it uses "GHC as a library" (ghc package) and should be more amenable to hacking.
Also, when using the REPL, it stops after about 2 seconds trying to print "[0..]", which is a very nice feature.