Startup Eltechs has launched a virtual machine that allow to run x86 codes on ARM. ExaGear Desktop (http://eltechs.com/product/exagear-desktop/) can run even Wine and hence Windows apps on ARM-based devices.
News on Phoronix: http://www.phoronix.com/scan.php?page=news_item&px=MTgwMzc
