I just spoke with an ESRI Technical Support person about this earlier this week. This is not natively supported in the ArcGIS API for JavaScript at this time, though there are plans for support in the future (no telling when).
However, because KML is just a markup language, it could theoretically be read in (maybe with the dojox.xml namespace?) and added to the map on a graphics layer. Not ideal at all, and would take a bit of work (haven't implemented this myself) but if it's mission critical and you want to use the ArcGIS API for JavaScript, I think this is what you have to do at this time.
Of course, if I'm wrong, someone else should feel free to speak up 🙂