[shajith]

Regarding decompiling Flash-to-iPhone apps, CS5's iPhone app packaging feature produces binary executables[1], not embedded SWFs - so they should not be vulnerable to decompiling.

1: From Adobe's FAQ at http://bit.ly/cxpzFe

"Is the Flash Player runtime bundled along with the application?

No. iPhone applications built with Flash Platform tools are compiled into standard, native iPhone executable packages and there is no runtime interpreter that could be used to run Flash byte-code within the application."