JavaFX is a platform for building rich internet applications that can run on desktops, browsers, and mobile devices. It uses JavaFX Script, a declarative programming language, along with regular Java APIs. While JavaFX shows potential for cross-platform applications, its performance currently lags behind competitors like Flash and Silverlight. It also lacks official SDK support for Linux. Overall the platform is a work in progress but could become a new standard if adoption increases and performance improves.