Funny, because you're able to create SWF content using only free, open source software, including their own compiler. I don't believe your point holds. Do you ever do any Flash work?
For example, what if they add a new set of op codes to the next release? Don't their tools arrive in the marketplace with full support of the new op codes while the free, open source tools must toil away to replicate them?
We can quibble about how much advantage their tools have in the marketplace, but unlike the late Sun Microsystems they are very clear about being in the business of making money from tools and commoditizing operating systems, browsers, and hardware to support that business model.
Citation needed. I'm a heavy .NET user on both MS.NET and Mono, and I've never seen this crippling you speak of.