I agree. Steve Jobs never said that Flash can't run on the iPhone/iPad. I'm sure he even tried prototypes for it himself. 30 seconds videos doesn't make a solid product.
Actually there are 100 apps written with Adobe's Flash compiler on the App Store, and no one has complained.
That is, they seem similar to all the other apps on the App Store: simple, quickly written, drain battery life, crash often. Just like native Objective C apps :)
They are neither Air apps nor Flash movies so are irrelevant to what Adobe are showing off here. This is about the performance of the Flash/Air runtimes, not the Flash CS5 cross-compiler.
