Yes, and it's slower. I had to stop Flaemo Project for N900 because it's completely useless in terms of performance. FlashLauncher app bring a little hope. However there is one big issue for now, using hd keyboard crashing Flash. Useless. I started trolling about flash from the day when I noticed performance loos in leaked 1.2. That made me thing that maybe they doing this intentionally even. But that was my emotional reaction after 2 weeks of hard work destroyed by new update.