I fear just what kind of pre-existing crapware this will enable on the iPhone.
none. this isn't a mobile safari flash plugin, it's just another way to compile your standard iPhone-App. Apple won't be accepting "pre-existing crapware" any more than they do already.
This sounds like the first new MS product that's interested me in a while.
What a coincidence, that one of Microsofts more interesting products' sole purpose is ironing out their own fail