This is the end result of quite a bit of discussion and hard work on the part of Mik, the Myl** team, the webmaster team and the legal folks at Eclipse. As described in the FAQ, we are currently going through the process of re-writing our trademark guidelines to include Eclipse project names as trademarks of the Eclipse Foundation. (Aside: the reason the projects cannot hold them directly is that they are not separate legal entities. So the Foundation will hold the project trademarks for the benefit of the projects.)
As we looked at the Mylar name, we decided that renaming the project would be the best long-term decision for the project, its community and its adopters. I have no doubt that there will be some short-term annoyances and I apologize to all impacted. But once the decision was made, getting it done in time for Europa definitely made the most sense.
But in the end, the Mik and his team are moving forward and this project remains one of the coolest things happening at Eclipse. It’s wonderful to have such a talented team as part of the Eclipse community.