Does Flash CS5 for Windows Violate the iPhone Developer Agreement?
blog.anscamobile.com
blog.anscamobile.com
I wouldn't bet on Apple (if they decided to care) allowing you to do what Adobe's doing but only on Macs as Ansca are doing. Ansca just sounds pissed off because their whole market seems to be Flash developers:
"You'll see many similarities between Corona and ActionScript. You will feel right at home, and porting your Flash game or application to Corona is straightforward. You can have your Flash based game ported to Corona within hours of downloading Corona."
I guess there is a danger for developers in that they could spend time on their app only to have Apple arbitrarily decide to ban all Flash apps. But the question is whether that danger is any bigger than the danger of Apple arbitrarily banning your app for some other benign reason.