What do you do when you're a major software company with a huge investment in a buggy, cumbersome technology (that's expensive for users to implement and maintain) that's being directly threatened by a better, lighter-weight technology that's open-source (and thus free)? You act like Microsoft, of course.
Long live HTML5 and down with Flash!!! I truly believe the iPhone and iPad will drive the eventual adoption of HTML5 that will supplant Flash. The sooner it happens the better for us all.
Larry Masinter, Adobe, quoted in the minutes of yesterday's weekly phone status report for the HTML working group: do I need to repeat objections?
Net result: the latest publication of HTML5 is now blocked by Adobe, via an objection that has still not been made public (despite yesterday's promise to make it so).
[From Hixie's Natural Log: Consistency]