Yeah, initially I had posted the link to the Yahoo Developer blog page announcing the same. But then I thought it would be apt to provide the link to the github repo itself , since the readers would feel more interested in the actual stuff !! So I added the link as a comment without realizing that the source link was updated too.
(Update: Aha, there's a blog post at http://developer.yahoo.com/blogs/ydn/posts/2012/02/welcome-y... - it doesn't explain much to do with my question but it seems becoming BSD makes it more open source than under the Mozilla Public License? :-))