How great would it be if I could "Save As> HTML5" from adobe's products? Bummer authorinng for the iPhone will no longer be an option, but why build native apps when you will be able to do most of it on the web?
Adobe could buy PhoneGap and integrate their developer tools in the way that you can create HTML5 apps and "package" them to run as native ones on any smartphone (iPhone OS, Andorid, WebOS etc.).
or Appcelerator.
Wow just checked out phonegap http://www.phonegap.com/ looks pretty cool. Apps/Frameworks like this will help mobile web apps explode. Also, an easy solution to port existing web apps and make them optimized for mobile.