The OGB has done a good job in so far as their powers as a Governing Board are concerned. Before one declared them to be "weak" or "powerless", we should remember that most of them are strong enough to run their own distros. Indeed, Moinak created Belenix, and didn't hesitate to quit Sun when the pressure to stop work on Belenix became too disappointing (among several other reasons).
If Oracle really believes in community, etc, then this is the time for them to put their act together. After all, one of their VPs - Jeb Dasteel - has said in writing from an oracle.com email address that Oracle is interested in the community.
Surely Jeb must have some worth of his own words both as a senior Oracle officer, and as a senior person in the industryu.
Also, Oracle must have some self-respect of their own so explain their VP's statements and promises to the community.