The version and WP.org will remain and is fully functional, but tagged with “lite” in its title. I have removed some features in order to keep that “lite” version as simple as possible in order to have users install the “regular” version from the new location.
Why? Because the listings at WP.org have to be GPL compliant (which the “lite” version now is) and I publish under the RPL for non-commercial. In addition to that, WP.org has no comfortable bug tracker and users have to post in some forum, which neither I do read regularly nor notifies me about new topics concerning my works. So people wait for an answer to their support request and are disappointed, because there is none in timely fashion at WP.org.
I hope by moving the plugin to provide a better user and support experience. See you on the other side!