Steve Jobs has some things to say about Flash.
With regards to what he has to say in the first place - sometimes is actually is compelling - but other times, the reality warping field leads to a rhetoric that is somewhat.. broken.
"There are more games and entertainment titles available for iPhone, iPod and iPad than for any other platform in the world."
[ahem] Windows [cough] [cough]
I believe that the real problem is what is buried in the 5th point he is trying to make - the only measurable difference:
"Apple’s revolutionary multi-touch interface doesn’t use a mouse, and there is no concept of a rollover."
The interface is so revolutionary that is it missing a feature: "mouse-overs"
I can easily think of a "mode" where you can add a pointer to the screen that looks like a mouse pointer and be required to double-tap in order to "press" a button. Being able to switch on-the-fly would enable you to leverage the best of both UI concepts - the "old" revolution (mouse-based) and the "new" revolutionary UI - multitouch.
It is a simple design compromise and therein lies the reason why it will never happen: The Steve doesn't do compromise.
So if you are a web-designer and you want to use mouse-overs you are out of luck. Forget that they exist in the API. It was a typo. Nothing to see here - move along.