Apple fanboys can keep wishing but it'll never happen. The main reason is Apple don't want flash videos or any other video format that may harm their movie/video sales in iTunes.
That's why the best player CorePlayer has such trouble releasing on iPhone. They refuse to release it making up all sorts of excuses yet CoreCodec has spent hundreds of thousands of dollars. This not only apply to them but throughout the development community. Just Google and you'll find plenty of info.
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Excuse my ignorance, but isn't YouTube video encoded with Flash? Can you not watch YouTube on iPhone/iPod? If so, there must be some amicable solution between Adobe and Apple.
@LinguisticPedant - sadly no. The YouTube client links to videos entirely re-encoded in H.264, hence the degree of separation. Adobe and Apple have traditionally not gotten on well down the years either, but I'd suggest an amicable agreement has to be in the offing sooner rather than later.
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