It appears that this project is no longer actively maintained. Were this an apache licensed project, it would be very easy to fork it and start to make improvements to it internally and then release it publicly. Being LGPL, no company can have any private internal fork of it without fear of tainting their codebase.
A dead project is dead regardless of the license, but an apache-licensed project could have a chance of being resurrected - (I would have no problems contributing any changes back to the main project if you should decide to relicense it.)
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