Some time ago Ive read very interesting post on Tinic Uro's (engineer at Adobe on the Flash Player) blog about the limits of software rendering. It interested me since he mentioned Papervision3D, he even dropped in a bit of Flash Player profiling during PV3D tests (and I am a real sucker for profiling), but his conclusion didn't sound too promising. Four months later - Wham, Bam, Thank You Ma’am! :) - Flash Player 9 Update 3 Beta 1 (184.108.40.206). Introducing player cache, enhancements to full-screen mode to use hardware scaling , multi-core CPU support (for faster rendering of vector graphics) and a real gem from Tinic - Mip mapping. Those are all great updates, my frame rates are higher then ever before, and I can't wait to see what influence will they have on PV3D. :)
On other news, Adobe just announced the Public Beta of Adobe Integrated Runtime (AIR), formerly code-named Apollo.