So, Sun Microsystems will be no more.
I used admin lots of Sun servers which were acting as various types of internet application servers or network operations servers. They were good solid Unix Servers. Their apps where pretty good too. The rise of Linux running on Intel platforms took care of their fat profits (yeah capitalism).
I am not sure what Oracle and its shareholders get out of this. Bigger, yes. Better (more profitability), I imagine not.

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Ars Technical has an interesting graphic on this:
http://arstechnica.com/open-source/news/2009/04/oracle-acquires-sun-ars-explores-the-impact-on-open-source.ars
I love that graphic!