http://www.ponticstar.com/projects/burning-words/
Try set the font to 100, and see if it's still as smooth as you thought.
But hey, Flash is dying, etc
However:
No matter the codec or operating system, we should not NEED Flash to view video on the Web.
however, suppose you are about to design a video site for the common public back in 2005, what technology would you choose? quicktime? realplayer? windows media player?
i dont think flash video is unneeded any soon, even if html5 has a 70% adoption rate, people would still need flash for h.264 fallback
Wolfenstein, meet Doom.
I'd say the bunker example above is pushing Quake 2 levels.
I agree that Adobe have dropped the ball with Flash, but "HTML 5" is no where near where it should be...