Will we see a Flash-based application like Skype, but with multi-party calling capability? That seems to be the implication according to pundits, who see Flash 10.1 as a precursor to Adobe's entry into the P2P VoIP and social networking space.

TMCnews noted that Flash 10.1 supports Real Time Media Flow Protocol (RTMFP), low latency (critical for VoIP), and end-to-end peering capability. It also quoted Adobe as saying that the RTMFP can be used to create interactive applications like webcam chat, voice over IP, text chat that can be built into solutions like live help, dating sites, company communication, marketing or advertising. Read Article