Yep, electronic valve actuation requires a ton of juice though, and basically it is not needed for a STREET car market. So millions of R&D would be considered wasted.
With OBD III they are talking encryption (even though they wanted real time satelite uplinking with OBD II), which would mean even if we saw electronic VVT it would be a beach trying to play with it. Of course there is always turbo/supercharging, which brings the headroom up considerably in power levels and still passing smog, but I've liked NA stuff for so long due to simplicity and "set it and forget it" reliability. With a V8 making 500 or more HP sheesh, thats enough for me, for awhile. Car nerds like us dream of these kind of things but lets be realistic, it would cost a ton of dough to set something up, being new it would probably be problematic (ok were talking domestic here since they are the ones not touching new-tech as much), and only a handfull of people would really care. If we DID see it, I would bet we'd see it on the 4s and 6s, not so much the 8s - because it would just add too much HP and the gov would probably be pissed once people started hacking into thier cars and making 1000 HP and still passing smog. Thats looking at the upper end of the spectrum but...