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Personally I take the opposite view I think HTML5 is bloated and performs worse than flash it also can't accomplish as much. It also annoys me a lot my old gingerbread phones worked great with flash and my new ones can't even view it.
Another thing to bear in mind is I've recently noticed Virgins catchup service in the UK (and I'm sure others) insist on genuine flash and refuse to work with even chromes "pepper flash" substitute.
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