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After project owners were asked to move out of kenai.com, Oracle now admits that it did a poor job at communicating its plans for the project. An updated post from Oracle says that the future of kenai.com projects is secure. Those projects will be migrated to java.net and continued as is. Here is an extract from the post

We don’t believe it makes sense to continue investing in multiple hosted development sites that are basically doing the same thing. Our plan is to shut down kenai.com and focus our efforts on java.net as the hosted development community. We are in the process of migrating java.net to the kenai technology. This means that any project currently hosted on kenai.com will be able to continue as you are on java.net. We are still working out the technical details, but the goal is to make this migration as seamless as possible for the current kenai.com projects