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Flash is absolutely the futre of the web... Flex has been released to increase the platform a bit, but either way they are the same technology, being pushed on a player format that has 98% customer base, mobile platform, etc.
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Fully one third of the US is still on dialup. Until this changes I don't see flash being the be all and end all you make it out to be.
Though I think flash does VERY well at delivering video and audio content, I would dispute that anyone can say it is the definitive future of the web. Yes, it has its place. Personally for GUI on the desktop it's often ideal. Tutorials? Fabulous! But until we have much more bandwidth available to many more people on many different devices and in many rural areas of the country, I don't think that a blanket statement like that has validity.
I would also dispute the validity of the 98% customer base. One of the most POPULAR downloads at FireFox is the FlashBlocker extension, which says a lot about the feelings of people who are having flash plugin installations shoved down their throat whether they want them or not. It's obvious a lot don't.
Where did that statistic come from? Flash Developers? Adobe? Where?
And was that statistic a pre-IE lawsuit thing or post-lawsuit?