Adobe demo new tool which can convert Flash into HTML5

Adobe’s John Nack showed off a new tool at Adobe’s MAX 2010 conference this week which allows developers to convert Flash projects into a combination of HTML5 and non-Flash based code. There has been no official word if the tool will become part of the next Adobe publishing suite or toolset, but is this the end of Flash? It does appear that Adobe are turning to non-Flash based code for devices