Android L for the N4

Hey guys!
I was reading about all the things that were presented on Google's I/O and noticed that there won't be any "beta" of the next Andriod version for the N4...So I was wondering,is it it for my nexus 4? no more upgrades? well,I was thinking about changing my phone this fall and to let my N4 as a side phone but it would be really suckish if it wouldn't get the new version of android (and probably its last update)

What are you thinking about it?

p.s. excuse me for my bad english :)