You can just as easily deter casual image saving by doing what some folks do and put a clear image layer above the actual image, so the browser prompts the user to save a 1px clear png instead. If they know enough to view the source or use a DOM inspector you can't really stop them anyway.
1. embed in flash/pdf
2. javascript to interrupt right clicking
3. overlaying a transparent image to capture the click
I say 'stonewall' because as a general rule: If the user can see/hear it then the user can save it. Most often in the pristine format supplied.
Content providers should be aware of this already and simply not make commercially-useful content available online. (E.g. by using low resolution/overly compressed or watermarked images.)
Where degraded quality is acceptable: Consider that even the least technical person you know is able to pickup a camera and point it at their screen.
You can still do screenshots, but it makes it much harder to suck down an entire gallery.
Even encoding or encrypting the data to be decoded by the flash player doesn't achieve strong protection -- the same carvers can be applied to process memory with similar ease. If you are going to display content on in an untrusted (end-user) process, content producers are going to have to accept that they can save that content.
Anyone can do that.
I was half-expecting a complaint about View Source, which would've made sense; I don't see what the gripe is here other than a word of warning to fellow photogs about Flash probably not working on the mobile phones of those who might hire them, and a general appeal to the use of Web standards. Unless I'm missing something.
As an aside, though, when I read this, I cringed:
"I know [Flash disappearing] is fairly unlikely, but even Adobe has pretty much dropped support for Flash in favor of HTML5."
Er, come again? Adobe is sunsetting Flash for mobile browsers. All other incarnations of Flash are still very much on the roadmap.
It just kills me to see how confused so many people seem to be about Flash, what it's good for, what it's not so good for, and what Adobe's future plans are for it. Certainly Adobe is to blame for a lot of this, but the "Flash vs. HTML5" theme of 2011 certainly didn't help clarify how different the two really are.
I guess you're right, though, in that by removing the plain old right-click+save option it adds at least somewhat of a barrier for the unmotivated or uneducated would-be thief.