I can't believe it happened AGAIN! That I'd be gullible enough to update Flash Player AGAIN when I've lost audio more than once before.
I was doing fine with the previous version. Now that I've updated to 11.3.300.265, audio is once again gone. I do not have time to mess around with fixing this. Fortunately I have a freshly set System Restore spot.
For the record, I checked Firefox, Chrome, IE, and Safari. None are playing audio in YouTube. Mp3 files play fine in Media Center. I'm running Windows 7, 64 bit with all updates current.
I hope this report produces good information for someone, and I hope the Flash Team can get this known issue with Windows 7 under control before they release future updates. I seem to be damned if I do and maybe damned if I don't update.