Taking a slightly different approach, the team at the Artefact Group have been working on a service called Flash In A Pinch

Despite Steve Job's personal thoughts on Flash being a dying technology, it is very clear that many people want to use the technology on their iDevices (or at least developers want to find ways to put it there). We recently heard of Smokescreen, a browser plug-in that takes apart the SWF binaries and reassembles them into a format that Apple can read. Taking a slightly different approach, the team at the Artefact Group have been working on a service called Flash In A Pinch. At the moment it is only in a concept stage, a pretty sweet concept at that. How it works is: Flash is rendered on Artefact's servers, which stream the images to the user's Safari Browser. By placing a Javascript layer on top of the content, the user's touch interactions can be sent back to the server, making it fully interactive. As of right now, the whole idea is too sluggish to use and there is no sound, but looking at an overview, it is a great start. You can check out the video below and you can also click here for technical details as well as more videos.