Likely means he's done with Trek.
He's finished ruining Star Trek so he can now move on to Star Wars and make the prequels look like masterpieces.
He couldn't drag Trek lower than The Final Frontier
, both nearly killing the franchise.
Hell, Abram's movie was arguably better than Generations, Nemesis, TMP,
and The Search For Spock
as well, not to mention much of Voyager
He did a good job with Mission: Impossible, too, so I bet he could make a fun STAR WARS movie, assuming this isn't just another crazy internet rumor.
(Yeah, I know. So much for "backing away.")
(Sigh. So much for backing away.)