Adobe to support Flex and Flash Builder on the iPhone and iPad
labs.adobe.com
labs.adobe.com
Adobe: Make a version of mobile Flash, and OS X Flash, that doesn't suck balls. If you can't make Flash run elegantly on OS X and iOS then stop calling it a "key part of the web", since you lack the ability to make this so. If you CAN make Flash run on these platforms without eating batteries like a boxload of vibrators then do so.
Flash has mostly become an ad delivery platform anyways.
I can't imagine how it will run on a phone.