OK, I've compiled the 3+ posts, (reflecting the collective wisdom of slashdot) to send as a list of grievances to Steve Jobs.
I think after seeing the IT elite's overwhelming support for Flash, he will have no other recourse but to stop selling iPads at a million devices/month, until Flash runs on the iDevices.
Yes, they are selling like crazy, and yes people love using them, and not having to worry about technical details, and nerd-talk, but seriously, if all those devices run it, then his Steveness could bring it to his pet platform too, right?
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It's only when you see pages with lots of crap (ads) on them that performance becomes an issue. You can set the plug-in to On Demand, but when you select one flash object to load, I've noticed every flash objects loads and then performance suffers.
You need a minimum of a Cortex A8-family processor to run Flash and many lower-end and older Android phones just don't pack the horsepower to pull it off.
I'm actually using Beta 3 (the final version doesn't seem to be in the market despite what the article says). It is much better than the first beta and generally isn't too bad.
All in all, I don't think anyone could have done a much better job, but the fact is no current flash movies were designed for use on phones, and it shows badly.
The N900 has a special "cursor mode" that, when enabled, changes the dragging from scrolling to moving a virtual cursor that allows sending drag events to the browser (flash or javascript).
So, I've tried it on my Nexus One. It seems to play videos ok, but that's about it. You can't really interact with the flash because no flash videos are designed for touch input.
On the BBC news video players you can't control playback because the clickable area on the time-line is far too narrow to hit. You also can't drag anything because this just scrolls the website.
Conclusion: Steve Jobs was right; flash doesn't belong on phones and I'm glad he is killing it, even if he is still an annoying control freak.
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(Dear mods, the abovementioned post is heavy in what is called sarcasm.)