OpenIndiana - an OpenSolaris Continuation

This is a good thing. I've got a few OpenSolaris boxes set up, and the biggest issue was that the distribution was totally at the mercy of Sun/Oracle's integration process for patch fixes, etc. It was a serious "Developer only" OS, as the only way to stay current with security was to either run the bleeding edge, compile your own stuff, or use an alternate source of binaries such as OpenCSW or Blastwave for net-facing daemons.

To get the differentiation here, Illumos focus is on the solaris core components (kernel and related binaries) which are used by others to make their own distros (Nextenta's "Ubunut/kSolaris" distro being the obvious case), whereas this appears to continue providing a Solaris-centric operating system to existing OpenSolaris users.

Claims it's part of the Illumos Foundation although I don't see any evidence of that in a quick check of the latter's website (which of course doesn't mean anything).

Perhaps someone could explain the reasoning behind the name. It doesn't seem to make much sense to me.

Ok so this is a binary distribution of Illumos. Cool