To my understanding most non-XCode iPhone solution requires XCode at some point. Adobe is the only one that goes directly to .ipa.
See John's comment: http://www.bitsandbuzz.com/article/adobe-on-iphone-will-appl...
See John's comment: http://www.bitsandbuzz.com/article/adobe-on-iphone-will-appl...
I would be happy to be wrong on this one.