Maybe you read the earlier presentations of Sencha Touch here on the blog. Basically it allows you to create mobile apps based on web-technologies like JavaScript, rather than native languages for various platforms.
Everything is a little better and faster in Sencha Touch 2 compared to the first version, currently available in Beta 2.
One of the cooler additions is the new class system, with automated setter and getter methods for all class variables, like this:
var panel = Ext.create('Ext.Panel', { html: 'Sencha Touch 2 rocks' }); alert(panel.getHtml()); // alerts the current value of the html config panel.setHtml('It sure does'); // changes your panel html to a new value
Check out Senchas own release notes for the current version on their blog.
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