if yes any idea when? is it possible to try to get it in 2.6.24 ?
I don't know if Linus would accept it. As I said, KVM was included, although kqemu as the advantage of working in older hardware (without AMD-V or Intel equivalent virtualization instructions).
Maybe if it was possible to make merge kqemu into KVM to take the best of the two... But I don't know anything about KVM nor kqemu code...