So did io.js decide to turn down the proposal from the node upsteam folks to merge and turn it into a non-joyent controlled foundation? Seems sad to take so much brand and toss it down the toilet even if most of the development has moved to io.js.
Still, it's a good thing overall. There's enough interest in Javascript that demand for a javascript application server isn't going away, and having a headline project that pushes the envelope is a way to keep innovation and interest in the ecosystem.