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It doesn't make faster load times. It loads the same pages that you normally would have.

Originally Posted by Wikipedia

The XMLHttpRequest concept was originally developed by Microsoft. The Microsoft implementation is called XMLHTTP and, as an ActiveX object, it differs from the published standard in a few small ways. It has been available since Internet Explorer 5.0. and is accessible via JScript, VBScript and other scripting languages supported by IE browsers.

Not new, and javascript hasn't been updated; not improved.

AJAX is not a programming language (and certainly not an engine). It is one function of javascript.

Originally Posted by Jonny

But to say that it doesn't websites is a mistake and a huge understatement

Hmmm?