techcrunch is also talking about it : http://techcrunch.com/2010/04/08/adobe-flash-apple-sdk/

It seems that Apple has declared war to Adobe.

Well the new developer agreemnt is really obscure. What do we call "a translation or compatibility layer" ? In the end it's an iPhone binary and that's all. So now Apple want to control the way we code ? Why couldn't I develop a layer/library to help me produce iPhone apps quicker ? That's non sense .