I'll sign the petition, but all things point to this is slightly inaccurate. The hype blew it all out of proportion. They're keeping portions of it for their paying corporate customers, such as online backup, etc. But MySQL will continue to exist as an opensource project. People are just angry they don't get the new shiny tools to play with at this point.

They are in effect, breaking the traditional open source model, by offering a set of features on a paid product that don't exist on a non-free product, but MySQL will live on under the bizarre hybrid model.

It's either that or I'll have to switch all my designs to PostgreSQL. That would suck. A lot.