In conjunction with this announcement, Adobe (s adbe) formally introduced Flash 10.1 for Android. Flash 10.1 brings full Flash handling to Android and the web browser.
You can see both Froyo and the new Flash in action in this video, including the speed improvements. The Nexus One shown is the fastest Android phone I’ve seen yet, due to the new Android 2.2. In the video this speed improvement is shown against the Verizon (s vz) Droid Incredible, the previous performance champ.
Note: The Flash 10.1 public beta for Android kicks off today, and Android 2.2 is the minimum system requirement. The new version has dependencies only present in Android 2.2 and will not work with earlier versions of Android. The beta will be available for download in the Android Market, but only for phones with Froyo installed. Google has not yet finalized which handsets will be getting an Android 2.2 update.
Related research on GigaOM Pro (sub. req’d): Google’s Mobile Strategy: Understanding the Nexus One