Flash is coming to the iPhone! Well, sort of. Adobe is showing off a new feature of Flash CS5 Professional that will convert Flash/Actionscript into iPhone apps. The public beta of CS5 with Flash Platform is due out later this year, but for now, you can test out some iPhone games that were created with the new system. For comparison, check out the puzzle game Chroma Circuit on the web and then on the iPhone.

This is good news for Flash developers who want to get their games into the App Store without having to write iPhone-native apps themselves, especially because it allows them to reuse the same code on the web or on Flash-friendly mobile platforms. This might mean that we'll see some of our favorite Flash time-wasters on the iPhone, too. There's also the possibility that the App Store will be flooded with the same awful Flash games that plague the web now. Developing a lame Flash game for the web doesn't have the same $99 pricetag that signing up for the iPhone developer program does, though, so that might keep the quality of iPhone game offerings from taking a huge dive.