While I agree with Jeffas points, I do think that in the general business market, perl is still gonna be regarded as hackerish (and it is), while Java, which is geared towards business, will be regarded as more cost-effective with shorter development time and less proneness for serious bugs (and it is).

I think you mistyped old school as general, and marketed as geared.

I'm not sure how Java could be regarded less prone to serious bugs; surely that is up to the skill of the programmer. About the only reason that Java might win is on the strength of type checking.