This started off interesting but quickly got tainted by retardedness... zomg it's pointless opening it because the code is probably crap and zomg everyone's already using teh html5 for everything!!!  That same argument could have been why <i>not</i> to form Mozilla on the ghost of Netscape just a handful of years ago.<p>I think the idea's got a lot of merit, it'd definitely help Adobe in that someone competent could actually fix and stabilize their platform.  But I also think it'd be pointless, the iPhone/iPad would only get an Apple-tailored fork with all app-like capabilities removed.