Adobe has updated Flash Player for Android to version 220.127.116.11, which fixes video streaming issues on the Galaxy S II, adds support for 1080p video on Tegra 3 devices like the Transformer Prime, and generic fixes for video decoding and playback. It's a recommended update, even if you don't own one of the aforementioned devices, so hit the market and update or grab the link after the break. Adobe did promise to keep supporting the Android Flash Player, and while nobody doubted them, it's still nice to see them hold true to their word.
Unfortunately, this update doesn't yet enable Flash on the Galaxy Nexus or any preliminary ICS build for other devices. We still expect to see that soon, and we'll let you know as soon as it's available.