That wouldn't change the amount of DOM thrashing caused by jQuery, it would only improve rendering (and perhaps reflow) performance, but would not improve the cost of DOM manipulation.
Can you expand on that a bit? As I understand it, om/react don't improve the cost of DOM manipulation, they just reduce the amount of DOM manipulation that's done by only altering parts of the DOM that have changed. Couldn't you do the same type of change checking on the virtual DOM tree so that you only touch the actual DOM when it changes?
I see, yes viewed that way you COULD do this with jQuery- But you'd be missing most of the benefits of react.js, due to the missing "functional programming" that is possible with the react.js approach.