I’ve not followed this closely, in part that I don’t have a phone that could support this. (Ah, the joys of life on a limited budget! 
But I think the key is the last paragraph:
In the meantime, having Flash on your phone may not be all it’s cracked up to be. It may give you access to your favorite video websites, but only if the phone’s processor and hardware are fast enough to cope. “Often they are not,” says [Ian] Fogg. “This may be one reason that the iPhone does not yet have Flash support.”