Now I don't know if that's a true statement or not, but your idea is strictly your opinion. As far as hulu and sites like that go, hulu doesn't want to be on mobile devices. You can't do it with Android which does have Flash. So you might want to check your research a bit before making statements like your OP. It does appear that you're looking to be argumentative instead of looking for a discussion.
We're about one more 'idiot' or 'tard' away from locking this thread and issuing some infractions for personal attacks.
Keep it civil.
I think that this is behind some of the other self imposed restrictions (no SD card slot, no file system, limited streaming to Apple TV etc).
I couldn't give a toss about Flash, except that the lack of it means that there is a significant number of web sites that I would like to access but can't.
History will tell us whether competitive devices, with unrestricted functionality, quickly outsell the iPad. I think that this will be the case.
As for the argument the Apple must be doing something right, judging by their financial success, the IRS (ATO in Australia) pulls in plenty of money but we don't necessarily like their work :)).
I am amazed by the vitriolic responses to your suggestion by the way.
A wise man said you can lead a horse to water several times if it still won't drink you shoot it....
But every month, someone starts this debate/argument/whining up again.
The iPad technically doesn't support Flash and doesn't plan to. Why keep bemoaning the lack of Flash?
I've only come up against 2-3 sites I've visited that used Flash, and I surf around a lot on the iPad, and hardly ever open my laptop up at home any more.
Lack of Flash is not an experience killer. You just find ways around it, go to a computer to look at the site, or move on.