This thread may be overcome by events. Adobe is releasing a way to provide Flash content on iOS devices without those devices having to host Flash itself. i.e.,

"Adobe Flash Media Server 4.5 and Adobe Flash Access 3.0. Adobe's solution repackages content in real-time, changing the protocol to suit the target device, HTTP Dynamic Streaming or HLS, for example. This should mean that iOS devices will get much of the advantages of Flash video support, without the processor degradation and battery life cost of the format in use on other devices. 'With Adobe Flash Media Server 4.5, media publishers now have a single, simple workflow for delivering content using the same stream to Flash-enabled devices or to the Apple iPhone and iPad,' Adobe says..."

What it involves is the web sites making their servers workable with this new Adobe release...no content/data conversion necessary, as I understand it.

For more details, do a search; "Flash on iOS devices"