of course flash will be there
BUT not in PRODUCTS like [ Photoshop / illustrator / after effects are displaying ]
No Flash Builder either. I really think they're trying to help the 'typical' person. By that I mean most people who visit flash sites are typically told by outdated scripts to visit adobe.com to get the latest Flash Player. Putting the word 'Flash' in there in general might drive those people in the wrong direction. It's a slippery slope. If you put Flash then you'll need a Flash Player in there with instructions on the difference (typical users don't care).
I don't see Flash going anywhere. AIR is doing pretty well.