AFAIK, ARM and MIPS versions of an "embedded" flash variant
exist, you have to contact Adobe to get them.
That's the problem, they aren't still so open...
And they are different version, not equal. THey are segmenting flash by markets, making things worser in my opinion. It's not good to have a propietary web standard like Flash to be widely used, but it's worser that they segment their own product instead being the same on different platforms.