Reasons why the "HTML5 vs. Flash" debate is idiotic
blog.gonchuki.com
blog.gonchuki.com
Bottom line: If a site wants to work on the iPad/iPhone, it needs to avoid using Flash.
SVG is already a pretty good alternative to flash for some tasks on iPhone (eg. interactive maps).
If SVG gets the same boost like JavaScript in recent years, then SVG could be even more dangerous for Flash than HTML5.