So I've been messing around with Corona for quite a while now. If you haven't heard about this renderer be sure to have a look at the website! The Corona forum is a great place to ask questions and get the latest updates.
Now for the jelly. I wanted something to test Corona with animation wise, so I created this just fooling around. It's done with MassFX particles in Particle Flow, using the glue to keep them together and give the jelly it's soft body movement.
The result isn't anything spectacular, it was just a test after all. At 100 passes Corona gets a frame rendered at around 10 minutes on an i7 3770.
If you want the scene scene to mess around with yourself, you can grab it here. Scrubbing is quite slow due to the particles calculating, so caching them should take care of that.