Hi,
personally I think all these discussions about Flash vs. HTML5 or if Flash is dead and so are a bit overrated and more political than really based on facts or details.
I also don't think that Flash (especially on Desktop) will be away in short- or mid-term, maybe in a long term period, but that's not that important now.
Even when Adobe has stopped developing the Mobile Flashplayer for Android, it will be still available for mid/long time, especially as long as the Android browsers doesn't offer any other ways for displaying 3D stuff (currently there is no working/usable HTML5 CSS-3D-Transforms or WebGL support on Android, this might eventually change with Android 4.0 but I don't know yet).
On the other side - on Desktop the Flashplayer 11 will provide a nice performance increase with the new 'Stage3D' GPU rendering - the next krpano version 1.0.9 will support that.
I by-myself will still work on to make krpano supporting all current available technologies (Flash10, Flash11/Stage3D, CSS 3D, WebGL) to get the best performing pano experience everywhere. With the krpano XML you already have an interface to both worlds. I have written that also here:
http://krpano.com/iphone/#future
Best regards,
Klaus