Let me steer this question another way:
I don't have a need for Flash games. But, many sites I like to visit, I believe use FLV and WMV embedded movies. Say, Fail Blog, for instance, where about half the funny comes in bite-sized Flash videos.
Obviously the iPad won't be able to display these. BUT, is there a means by which we could, say, have a link show up and watch said video over in the YouTube app (if the video is a YouTube video, of course)?