Ted Patrick just posted on his blog that there is a new engine in AS3, aimed specifically for mobile devices, on the way. This is huge news for us flex developers, one of the barriers for moving or porting applications from desktop to something usable in flash lite was the fact that they had to be written in legacy AS2 code.Obviously, Flex as a framework, I wouldn’t imagine as being very usable on such a small screen, but it may pave the way for a Mobile MXML. A lightweight set of components, could allow developers to shift underlying model architectures from existing flex projects and re-craft views for mobile. Although the whole performance thing might make it extremely problematic, but still, one can dream…
http://www.onflex.org/ted/2007/12/meet-qvm-new-tamarin-vm-contributed-to.php