If I had a web developer who wanted to code up my whole site in Flash I'd be looking for another developer, there are quite a few platforms besides iPhones that are going to have trouble, not to mention most assist devices (browsers for blind, etc.). They are going to have trouble reading screen elements and navigation.
Flash is good when you need to have some interactive content, but menus, layouts, etc. should be coded in HTML/CSS.
As for Disney's iPad site, I'd hardly call it "dumbed-down", but since you don't have an actual iPad to test it on I wouldn't expect you to know that. You also shouldn't expect android based browsers to automatically give you a "full desktop experience" either. A lot of sites code up separate mobile versions that are given to any mobile device.
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