1. Adobe will remove license restrictions on SWF and FLV file formats. Outsiders can now build their own Flash player clones.
2. Adobe will also remove the licensing fees on its Flash player. Developers can now integrate Adobe's player into any device or application without paying a fee.
3. Porting layer APIs will be opened up. They've always been device-specific, so manufacturers have had to sign agreements with Adobe in order to include the Flash player on a particular device. By eliminating that requirement, Adobe is allowing anyone to put the Flash player on their device without even opening a dialog with the company.
4. Adobe will publish the protocols for Flash, so companies can build the content delivery systems for themselves. They no longer need to use Adobe's Flash server software.
5. Adobe will allow over-the-air updates of the Flash player. Providers and carriers can push out new player versions to their users.
Sounds Fantastic! I can only assume by the end of the year we have a working module :D