Adobe has finally eliminated the thorn in Flash. It is working with search industry leaders to make Flash content indexable. Flash content was not accessible to search engines, rather it was quite laborious to make it accessible, until now. Ted Patrick explains how the spiders will access the Flash content. Google too has its own FAQ about improved Flash indexing.
This is good news, definitely for those who are interested in using Flash more extensively. However, this might start a trend which starts seeing Flash as a one-size-fits-all tool. Also, people still need the plugins to access the content, and all platforms are not getting equal love from its creator.
This development takes it one step higher, but it is still away from being a native of the Web. I hope that other search engines too adopt this new way of indexing flash content.