Let's be clear that we need to distinguish between Java and the JVM. I actually switched from C# to Java, but I admit it was not because of Java's amazing language features! In my very humble opinion, C# is the better language, and CLR is the perhaps a more elegant VM. However, even with Mono, you're not writing applications that run everywhere!
I think the greatest argument for Java is the amazing community it has. This is where the cutting edge technology is being developed, not at Sun (now Oracle). The Java community has consistently been the leader in developing Enterprise technologies. For instance, how long did it take Microsoft to provide a DI Framework? Where's AOP in .NET? When I start a .NET project, my foundation is Spring.NET, a Java port. When I need ORM, it's NHibernate. Need a testing framework? NUnit. I realize there are other OSS projects for the .NET platform, but their numbers and support from Microsoft are laughable compared to the Java community.