While it may very well run the WASM it'll need to interpret the output. How do you rank a running game of candycrush vs. the candycrush website in google results?
Actually, I think this might be a great opportunity to separate applications/datum that don't need to be indexed by search engines from those that do. Of course, we have to be careful that we don't get walled off content in applications which can and already does easily happen, but I don't think that is truly in the spirit of the sharing web that we have all come to know and love.
There are at least two distinct types of content - structured/unstructured content that should be exposed and can be indexed via some known mechanism by external visitors, and application content that perhaps need not be indexed.
This might be a time to evolve/establish what those mechanisms are for the betterment of both application development and content development/sharing.
