Change in technical skills required for APPS Release 12 ?

Hi all,
My doubt/concern is: In APPS 11i, to become a technical developer, a person must have Oracle D2K + Pl/Sql skills as your basic skills for development/implementation. But I heard that starting from Release 12 onwards, there will not be any Oracle Forms/Reports involved. Instead , we need to develop Oracle APPS using Java only (Jdeveloper) from Release 12 onwards.
Is this true ? If yes, then are exisitng/new APPS Developers required to learn/migrate to Java Technology ? Kindly please advice as I do not have any experience/knowledge in Java and i am preparing to start my career in Oracle APPS.
Regards,
Kumar

Thank you very much for your encouragement.
I have 3 yrs of experience in Pl/Sql,Forms,Reports + some experience as Oracle DBA (9i Developer OCP + 9i DBA OCP). I have 2 options now, either become an:
1) Oracle DBA/Oralce APPS DBA or
2) Oracle APPS Technical Developer
For Option 1, I need to do some more certifications/gain DBA work experience I am confident that I can become an Oracle DBA or Oralce APPS DBA very soon.
For Option 2, I need to do learn Oracle APPS 11i basics first and then get a junior level APPS Technical Programmer Job somewhere. So It will take 2 more years for me to get comfortable with Oracle APPS 11i. But by that time, APPS Release 12 and Fusion will get released and all my current skillsets will not be enough to cope up with that. So I need to learn/switch to Web Services,BPEL,Java/J2EE,XML/CSS/XSL/JavaScript/ADF at that time. Please note that I dont have any knowledge in these technologies too and so I need to start from the basics only.
So taking my current skillsets into account, kindly please help me in chossing any one of the above 2 options, which will best suit me. Thanks in advance for any help that you would offer to me.

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