Short Answer: Not really.
Long Answer: Javascript lacks a lot of features, even for a scripting language. It's main popularity comes from its ability to interface with servers asynchronously allowing sites like Stackoverflow or Facebook to magically update content without refreshing.
It is however slow and lacking in several features making it viable for application programming outside the browser. While there is definitely a surge in browser based applications (great advantages because they are essentially easy to deploy and completely OS independent if done correctly).
Another thing to consider is that most of the things that make javascript popular derive from its monopoly on browser based scripting. And most of its uses have already been bottle up in the form of JQuery and Prototype and Dojo.
If you intend to go into the area of browser based software you will still need to learn the backend langauges that make them possible and the Javascript should be very easy to add in later (if you've been following your standards.) Google Web Toolkit even compiles the front end Java into Javascript for you so you don't even have to worry about.