The link below outlines Oracles plans for Application Express.

http://www.oracle.com/technology/products/database/application_express/apex_sod.html

The key thing that is mentioned is an Oracle Forms to APEX converter. I think this has great potential for converting traditional Forms developers into using APEX. Hopefully this lives up to the hype and generates as much excitement as interactive reports has.

Unfortunately there doesnt seem to be any indication on timescales.

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