At Joyent, we are working on bringing bhyve to SmartOS and illumos. Much attention is being paid to performance and stability. The plan of record is for this to eventually replace KVM.

If you are itching for some slides, http://bhyvecon.org/bhyvecon2018-Gwydir.pdf

We have some work to do before we are ready for widespread use. As those pieces fall in place, we'll announce on [email protected].