Here's to hoping that they keep AIR and the standalone player around, or atleast open source the damn thing.
But the Adobe corporate leaderships are idiots. All of their big successes have basically been coincidences or at best skunk-works projects.
Flash is a damn good platform to develop stuff for. Trying to do some of the stuff you can do in Flash in HTML5 WebGL whatever, or a GUI toolkit, is just... pain and suffering in comparision.
No need for a plugin. I'm not referring to stuff that runs in a browser.