Structs are nice, as they allow for control over locality, to a degree that is simply not possible in Java currently. But there is a second effect, which is possibly more important: If I can move gigabytes of my data into arrays of structs, then 1) I greatly reduce memory requirements (far fewer pointers), and 2) I greatly reduce the amount of work that GC has to do.
This is such an important thing to add to Java, and it seems to be perpetually off the stove, not even on the back burner.
Another way of looking at it: This is fundamentally just a performance optimization. Java performance is already exceptional for most of Java's popular use cases (business processing). While valuable, I don't think this one feature is quite as important as you consider it.
As an aside, and not to say that Valhalla is not needed (I am looking forward to it very much, along with Loom), I’ve recently learned that for many use cases (not all) when you want gigabytes of struct arrays, a bunch of equal-sized primitive arrays, one per struct field, might work even better from memory requirement and cache locality perspective.
Valhalla is being actively worked on, I'm not sure what you are implying here.
I'd wager that it will ship by the next LTS, in 2024.