As you might have read, Oracle is committed to OpenOffice.
As a long term follower of Oracles policy, especially its adoption of open standards, I'm pretty convinced that they will push forward OpenOffice development. First thing, Oracle made an announcement. This is definitely a good way to show commitment and support.
If OpenOffice is under the tight grip of the coroners of innovation, is there any hope for an open and free office suite?
My hope rests on LibreOffice.