Oops!!!
I messed up!
Roopa is right. Here is the sentence from Sun's website.
"The certification consists of one exam and requires Sun Certified Programmer for Java 2 Platform status. "
They did not ask for my status ( I think they look it up into their database) and that is why I was under the wrong impression.
I am sure that version 1.1 or 2.0 does not matter for programmer certification. Both versions should be valid to take web component developer exam. If you go to Sun's Developer connection and go to certification FAQ, it says 1.1 certified people are not required to upgrade to 2.0 which I think applies to web component developer exam too.
I apologize for miinformation again.
Chintan