Its legacy (who wants to still support PHP4?). AFAIK, it's no longer maintained; I believe all the core development is now taking place on the Lithium project: http://lithify.me/
None of these things are true, I don't know where anyone comes up with this stuff. Sounds like a smear job more than anything. CakePHP2 is PHP 5.2.8+[1]. It's still being maintained and 2.2 was released this week[2]. Lithium is not a real 'fork' from Cake - rather it is a project that two of the Cake devs were working on as a 'next gen CakePHP' but decided to make into a separate project - the two frameworks don't share any code in their 'production' releases. Lithium has a much smaller community and is still poorly documented (as far as I can tell having tried to use it for a project).
The Lithium folks (nate & gwoo in particular) split off from the Cake core team. There was some contention but generally speaking I think everyone is still friends. As for lithium being the successor to cake 1.3... well certainly nate & gwoo feel that way, that's why they built it. :) And certainly phpnut & mark_story don't feel that way, that's why they are still driving forward with cake 2.0. Anyway they are both cool projects but I was reacting strongly to your assertion that cake is "no longer maintained", which is as accurate as saying RoR is no longer maintained and has been officially superseded by Node+Express.