If stuff gets compiled to ARM code and is linked to Apple's frameworks, which I think both Flash-to-app and MonoTouch do, it should be all the same to Apple. Therefore I'd go with thumbing their noses at Adobe. And I'd even say it is because of Adobe's we've-already-sneaked-in-a-bunch-of-apps stunt. In other words, this is not entirely about the betterment of the iPhone platform, it's at least partly personal.