"At the same time, Adobe plans to continue its next-generation virtual machine 
and language work as part of the larger web community doing such work on 
web-based virtual machines."

To me this means the fulfillment of something we mostly predicted a while ago. 
Adobe will begin playing even more with others and will contribute more to 
things like web kit. We will see some tooling and Flash Player play a less 
important role over the coming years. It's not a big surprise, I could never 
figure out how they were justifying the investment in their new virtual machine 
anyways, and I really don't see it impact Apache Flex in the least for years to 
come.

Mike

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