I think where they are going is completely amazing. I have dealt with cocos2d in the early days and it was kind of hard for a beginner to pickup and there weren't as many tools out there to work on sound, sprites and tile maps. But its nice that they are focusing on different platforms :) makes porting things a whole lot easier.
I've been wondering for a long time where the name came from.. Los Cocos, Córdoba, Argentina!
The javascript common API path is very interesting. This presentation explains a lot better why the guys who built cocos2D were picked up by Zynga. Using this JS API they will be able to design an app once and deploy it across the web, iOS, and Android all at once.