A beta version of flash 10.1 was made available to content providers and mobile dev's worldwide. Availability to the general public is expected in the first half of 2010.
It's estimated that by the end of 2012 more than 250 million smartphones will support the full Flash Player. Mobile Platforms to be supported are Android, Blackberry, Symbian, Palm and Windows Mobile. No support for apple devices, that's right Jobs is working on some magical html format that is going to "change the whole game"
*Personal Opinion*
This is an exciting time, either Apple has made a huge mistake or they are hiding something mindblowing!
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