Wine for Mac OS X

Wine (for Wine is not an emulator) is a port of Windows API for Unix and Linux x86, designed to enable the use of Windows applications without using Windows.
A sourceforge project, called Darwine, is born, and supposed to bring that system on Mac OS X. Of course, the add of an emulation layer will be needed, because as opposed to most of Linux users, our Macs do not have x86 CPUs. To solve that, the team decided they'd use another sourceforge project, not necessarily the most efficient for PowerPCs, but an opensource one : Bochs.
There's still much job to be done, but their ultimate goal is to enable the use of x86 applications under Cocoa, without the aide of X11. A Windows emulation without Windows but using the Mac windows...
Question is whether performances will be high enough to compete with Virtual PC, though the developers real aim is for now the most tweaking part of the Macusers community.