More fodder to add to the fire:
http://tech.fortune.cnn.com/2010/05/...s-flash-dying/
Flash and h.264 are not incompatible, nor exclusive to one another. The Fortune blog is not too deep, but the followup posts are very enlightening. Here is the commentary of one reader (CM Owen, Monroeville, Alabama):
Seems a lot of folks don't know the difference between the technologies.
FLV (Flash video) is a container. It can (and usually does these days) H.264. Embedded Flash is then used to play the FLV (because we need some way to embed it in a web site).
Contrary to what most people think, HTML5 is not a standard. It is still in development and at this point there is no agreed upon CODEC for video embedding. In fact, Ian Hickson has stated it probably won't have a final draft until 2022 and wide-spread "early" adoption will happen around 2014. HTML5 is not a video format in itself. It is what a handful of companies (Apple, Mozilla, and Opera) have been putting together to replace the currently aged XHTML schema from W3C. It was kind of "forced" onto the W3C as they have slack in further development of web standards.
I haven't followed the standards committee work on HTML5, and cannot vouch for the 2022 final draft or approval(?) date cited above. Neither HTML5 or mobile Flash are a slam dunk yet. I'll sit on the sidelines until both formats are out in the field and ready to be tested by end users. Apple can talk the talk, but can they walk the walk?
P.S.: Tadw, you beat me to the punch.