> no way to run raw machine code bytes otherwise [...] restrictions of what may be executed, enforce runtime checks, or prevent certain instructions from being used at all [...] everything optimized for your environment better, allow much better compatibility across systems and prevent entire classes of privilege escalation issues.

So... basically re-inventing Java? :)

"Raw machine code bytes" aren't distributed but occur through the privileged JVM and its just-in-time compiler, the byte-code verifier enforces restrictions on what data-access patterns and where instructions can be used, the JVM for a particular OS has optimizations for that environment, and sandboxing (while imperfect) blocks some classes of privilege escalation issues.

Don't get me wrong, I'm not saying Java is perfect or that the underlying goal isn't good, I'm just happily amused by this sense of "everything old is new again."