You didn't get the point: It's not a matter of ARM support. It's a matter of architecture diversity and whether it will attract other phone vendors.
I don't believe you understand what you're saying here. I'm not asking if it is possible to rebuild everything. I'm asking if it will ever work and if it will be adopted, or whether Nokia has thought about this. Please read previous posts.
As it is replying without first reading the posts. Unless you consider Python as a VM-based language, that's not what I said.
FWIW, the only available methods for doing this, as far as I know, are:Java / VM based Interpreted languages (Python) LLVM