I've read an extensive amount of documentation about the HotSpot GC of Java SE 6 and 7. When talking about strategies for obtaining contiguous regions of free memory, two 'competing' approaches are presented: that of Evacuation (usually applied on the young gen), where live objects are copied from 'from' to an empty 'to' and that of Compaction (fall-back of CMS), where live object are moved to one side inside a fragmented region to form a contiguous block of used an unused memory.
Both approaches are proportional to the size of the 'live set'. The difference is that evacuation requires x2 times space than the live set, where the compaction does not.
Why do we need the Evacuation technique at all? The amount of copying that needs to be done is the same, however it requires reservation of more heap size, and it does not allow for faster remapping of references.
True: the evacuation can be executed in parallel (where-as compaction cannot, or at least not as easily) but this trait is never mentioned and seems not that important (considering that remapping is much more expensive than moving).