I'm dying for this as well.
Hopefully the fall update that's rumored to ship when Leopard ships will include this as well as other new features. There is no reason it can't include it.
im on my iphone now and since the 1.1.1 update, i stumbled on a glitch.
I was searching for jp words on the dictionary site, www.sanseido.net and after two searches, an IME appeared above the keyboard. I thougt it was the keyboard responding to the website but i tested it on oricon and mixi. When i went to the yahoo US site it stopped. However wheb i opened a second safari window with the sanseido site to "initiate" the IME, it worked on yahoo as well.
I've already posted about this. Not your fault but amazing how other places have my work around and yet most people are still in the dark. Apple is not keen on this I think. However there is a way, in Safari only to have a Japanese/Asian keyboard:
Again my method for fool proof 100% Apple Inc., Safari Japanese input:
open safari
www.alc.co.jp
(you will see a long text input box, site is all Japanese but it is near the top)
tap select text box
tap-type: test
let tap go or tap the kanji button for translate
let page fully load
Then tap select text box, it will have the word "test" on it
Then your keyboard will come up but this time it has a rectangle above the slightly smaller keyboard.
tap-type: W
You'll see W, kana for watashi, kanji for watashi, select one of the options and it will hover then input the kanji/kana/w into the text box.
Then go to gOffice for iPhone and type a Japanese .doc then email it or go to your gmail account or anyonline account and type full Japanese emails to your hearts content. This will work for any site you go to directly page to page, site to site.
BUT pushing the home button to go to another app will cancel this keyboard.
However if you save the "test" result in your bookmarks then just reload, tap highlight the box and you have on Safari a full Japanese keyboard. It might work for other asian languages.