Apple has Flash rival in the pipeline

Apple may have a rival for Flash in the pipeline, after it has been revealed that the company is already using its Gianduia framework for a number of web applications.
According to AppleInsider, the software, which was unveiled last year, has been used to create web app clients, Apple’s One-to-One program, the iPhone reservation system and the Concierge service for Genius Bar reservations.
These utilisations demonstrate that the Gianduia framework does not require HTML5 for implementation and can work alongside existing web standards.
It has been speculated that Apple may push Giandula, under the pretext that it is tested and ready, whereas HTML5 isnt.

http://www.pcr-online.biz/news/33531...n-the-pipeline

Okay so if flash can run fine on a 20mb ram PSP and it apparently now can't run on a 128 ram Ipod Touch you've got to be kidding me.