One of the most helpful resources for this story was the slashdot article: Cherry OS Claims Mac OS X Capability For x86
I also used Google to research the company owner, the company MXS, and several other keywords.
I conducted an email interview a few months back, with the President of FWB. FWB leased the code for Softwindows from Insignia solutions.
The statements made about Connectix are purely speculation, but are rooted in patterned venture capital strategy.
The real beef to this article is that it is just not physically or technically possible to deliver on the claims that Cherry OS makes:
• Full hardware and port support
• 80% of the Pentium mhz = the speed of the G4 emulated / Example: 1Ghz Pentium = an 800Mhz G4
This also may promote fraud as many might take the OS from an eMac box rather than actually purchase the Mac OS. Worse yet, there may be a greater demand for illegally downloading the Mac OS from peer to peer services.
If this becomes more prevalent and actually starts working or delivering anywhere close the claims of Cherry OS; this could be a big support problem for Apple and Apple Consultants everywhere.