The Android 2.2 will have Flash support is well known by now. However, it is not known exactly what this support looks like. Now a video of an Adobe employee has been published on Youtube, which shows different Flash applications on a Nexus One. Obviously Flash is integrated into the browser in a regular way, so you can use Flash like on a normal PC/Mac. This is of course the ideal variant, alternatives would have been a separate integration, which would have only supported special Flash applications.
What remains open is Apple's reaction: after more Android devices have already been sold than Apple devices in the first quarter, the question now is whether Apple can/will afford to continue to lock out Flash.