Hey, I was the one who wrote to both Engadget and Gizmodo to complain about that. So I know all about that.
The point is that in regular use the iPhone loads pretty much everything faster than any S60. Sure it doesn't load flash but on S60 it just gets me nice little flash ads that increase the loading time by 30-90 seconds.
Mobile Flash is a nice concept, but practically useless without the CPU power to back it up. It was a nice proof of concept that needed extra work to make it actually useful.
So Nokia has it, but doesn't have the power to make it useful. Typical Nokia. Big feature list, but in actual use not very impressive. It was a great tech demo and being first is always nice, but it sort of implies that they would be spearheading the movement to not only include it but to make it fast enough to be practical. The second part is where Nokia continually fails.
I hoped, I was wrong. The rest of the industry may be slower but in general they bring in those features in a way that they are useful and practical.
Gone are the days when I want to brag about how the phone can do this and that, but the actual demo of the tech is slow and useless. I'd rather have something that just does it fast so I don't have to sit and wait minutes for pages to load for bragging rights. Sure I could disable it, but then that takes you right back to where the iPhone is currently at and actually far behind for that matter.
Flash on Nokia is about bragging rights and the ability to post things such as what you just posted.