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I think there are some reasonable uses for Flash with respect to interactive presentations such as certain type of CBTs (Computer Based Training), and perhaps sale presentations.
"Interactive" is the key word here, because obviously there are many preferable alternatives if all you want to to is show an animation / movie.
I have been playing around with Acrobat 9 Pro Extended and its ability to embed videos in a pdf so that any computer with the free Reader 9 can view them is fun stuff. File sizes can quickly get out of hand but for large organization intranets or DVD distribution of training materials, flash will remain a viable tool.
I am very eager for Youtube to move fully to html5. Honestly, the only reason I ever made an exception to use flash, is for youtube. Other than that, no reason at all to ever use it. The games on flash are crap, and like others has stated before, navigation on a flash only site is just an abomination, and of course we haven't forgotten flash based ads.