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I used to be huge fan of AppEngine, then I realized that no company will ever pay me to build anything on top of AppEngine. :(
This was in recent news, based on Elance data..

After making an entry into the top 50 skills in Q1 2010, Google App Engine, the cloud-based application development platform, showed the single largest increase in demand with over a 10x growth quarter over quarter. With this increase, Google App Engine (#37) moved past Amazon Web Services (#40) as the cloud platform highest in demand in Q2.

From : http://www.websitemagazine.com/content/blogs/posts/archive/2...

Currently though, the rankings have changed a bit.. http://www.elance.com/p/online-employment-report-it.html

That's not true. I've been working for the last year on AppEngine.

If you know GWT and AppEngine, and happen to be based in Adelaide, Australia (or can move) then I know someone who wants to talk to you. Email me.

There is a great resource that you won't find on that page: appengine-jruby. It works with Sinatra or Rails, so you can write beautiful ruby code and upload it to Google where it will be compiled to byte-code and served. Check it out: http://code.google.com/p/appengine-jruby/