It can be crawled; moreso than a bit of &#60;canvas&#62; (canvas is used in a similar manner to the way Flash is sometimes used). 
It can be deeplinked, just as asyncronous js/HTML can be deeplinked (using a code library).<p>Video, audio, vector graphics and bitmaps all fail to meet your criteria for a "web technology", and they're still a part of our web (and more growing more important everyday). I'm not in favor of using Flash as an Html replacement, but it works just as well as any other binary format on the web used to deliver content.<p>That all said, I was objecting to the idea that we Flash <i>developers</i> don't want to be part of the web.