Flash 10.2 is compatible for Stage Video and hardware acceleration for desktop with the improvement for playback of HD video and built-in features for devices. This version is released for android 2.2 and 2.3. For Android 3.0 it is Beta release and they are expected to give its general Availability version for Android Honeycomb.
You can give it a try and it wont hinder you budget as it available for Free in the Android Market Place.
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