Demise of Delicious?

In a first attempt at bringing social media to the Sherardian Libary of Plant Taxonomy (part of my numerous graduate trainee projects), I created a set of bookmarked websites through the site, Delicious.com that I thought might be useful for research in plant taxonomy, floristics, plant systematics, genomics and evo-devo (evolutionary-developmental) studies.
These Delicious bookmarks can be found here (plant scientists please take note!):

http://www.delicious.com/sherardianlib

Apparently, Delicious, which is now owned by Yahoo! might be shut down, however, these rumours have been denied.
 Should Delicious be shut down, what would happen to the vast amount of data found and saved on the site?
The closure of such a web-based "libraries" brings up issues as to the transitory nature of information on the WWW. Of course, it is to be hoped that there will somehow be an archive to preserve such information.

Hope to get into this a bit more through studying digital archives, but for now, it's time for a the morning cuppa...