The HotJava HTML Component is a JavaBeans component for parsing and rendering HTML. Think of it as a way to display HTML in a window without all the menus and buttons.
The preceeding was extracted from http://java.sun.com/products/hotjava/bean/faq.html
Apparently, Sun & Netscape have an agreement to jointly distribute a similar bean. See: http://java.sun.com/beans/faq/faq.htmlcomp.html
-- BillRehm