Surprise surprise I got a reply from Kevin under 10 minutes. I am just going to copy/paste his reply:

--
from Kevin Lynch <klynch@adobe.com>
to Vajid <xxxxxx@gmail.com>

dateTue, Jun 22, 2010 at 8:28 PM
subjectRe: Flash 10.1 Support for N900
mailed-byadobe.com

hide details 8:28 PM (4 minutes ago)

Hi Vajid,

We are working with Nokia on Flash Player 10.1 for Meego -- it is up to Nokia on which devices they are deploying this and timing, so you would need to confirm with Nokia their plans for any particular phone. Flash Player 10.1 itself has gone from beta to production ready now and of course each manufacturer has their own operating system and device schedules.

best,

Kevin
--