Flash Lite to lose its virginity soon! FlashLite3 will support FLV!!

Via [Ryan, JD ]
Totally exciting announcement from Adobe.. Flashlite 3 will have native flv support! [as of now Flash lite supports only device videos].
This essentially means that everything flashlity on the mobile will support flv[mashups,wallpapers,screen-savers..you name it!].And yes! Its does support streaming video.

Flashlite 3 is expected to be released by mid 2007.

PR

update:The  story is on Techmeme.

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