It is, but why does it make me shudder with dread?
So Flash is going to be embedded in hardware? Does this not imply the HTML5 anti-Flash crowd bickering over H.264 vs VP8 are going to have to concede a defeat?
That said, this does not have to be a bad thing. If we can get a native Flash decoder in hardware, then whoo-hoo for us as we'll be able to claim our processor cycles back.

On the other hand, I am wondering if Flash isn't a synonym for "video"? For Flash can do a lot of non-video stuff. A
crash test dummy game for example...
Best wishes,
Rick.