I was awaiting for the release of Silverlight 4, so in all boredom was sitting and refreshing silverlight.net website ( hehe )... anyway, I saw a commercial there for some SL controls, here is their demo : http://labs.infragistics.com/silverlight/lobsamples/2010.1/ and it suddenly hit me that Flash is really dead, it just doesn't know it yet.
I think slowly, more and more developers will be looking more seriously at Silverlight and in time, only some "designers" will keep Flash alive until it dies a slow death. ( For all I care, I say let it die yesterday. )
Given the choice of Flash vs Silverlight, the only thing which currently is "bad" about SL is its marketshare, I don't really see why anyone would go with Flash-anything at all.
Let us also not forget, when doing Silverlight stuff, you have the joys of using the Visual Studio 2010 and Expression Blend. Compare those to Adobe CS5 or whatever, it's major LOLKTHXWTFBBQ imho.
Come to think of it, maybe even more of the windows "traditional" applications might also go the same way.
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