If Nokia goes for the Java Verified option, it is certainly going to be the last nail in my company's coffin as developers for Nokia phones. It will be a big warning sign for us that Ovi (and Nokia's platforms in general) is not a good place for small ISVs to be in.
By the way, Apple approves 96% of the submitted apps, so I guess the app-store developers don't spend all their time trying to break the phone, right? Bad apps get bad reputation and get pushed down into oblivion.
Apple is traditionally blamed for its tight control over their channels, but it seems like Nokia wants to out-apple Apple... Sad... At first sight Ovi seemed like a dream-come-true in terms of monetization options for small ISVs.
I sure hope they will adopt Apple's (winning) model. Otherwise, at least for us, it's going to be bye-bye Nokia and hello Apple.