For me this process/app is causing about 45% of my energy usage on my HTC Legend, shown by Power Tutor. It must be this thing that is sucking my battery down in no time. CPU is not that much.
What is that thing doing? Can't find anything via Google, only that is has to do with launching applications and Java. But removing Java as an app via EStrong doesn't do anything.
Is it possible to get rid of it without negative effects?