Yet another rumor to add weight to the possible demise of JavaOne... An article entitled "Sun management stumbled on EU Oracle probe" on The Register is claiming they have "learned that there will be no more JavaOne conferences under the new Oracle owner."
Until Oracle comes out and confirms this (assuming the Oracle-Sun deal goes through) it's all still anyone's guess. Personally however I would not be all that surprised if this were true. JavaOne has (to me) recently seemed to be branching out into lots of tangents over the last few years and Oracle already has their own annual conference in a similar vein. Maybe they can plan a party with better entertainment than Grinder Girl (see ~4:00) / Mini Kiss? (At least they had battlebots that night)
As Malachi posts in his blog, perhaps this is an opportunity to spawn a smaller, different style of Java enthusiast annual meetup? I would vote for something that had a heavier emphasis on gaming/entertainment. :)