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Earlier today, Adobe made waves with a statement in a tech note outlining issues with Adobe products running on OS X Lion by claiming that Lion may have dropped support for hardware acceleration of Flash Player content.



From MacRumors:
Adobe has now issued a correction retracting that statement and noting that OS X Lion does in fact offer the same level of hardware acceleration as found in Mac OS X Snow Leopard.The final release of Mac OS X Lion (10.7) provides the same support for Flash hardware video acceleration as Mac OS X Snow Leopard (10.6).
  Adobe Retracts Claim Suggesting Lion May Lack Support for Flash Hardware Acceleration