Is Adobe Flash as evil as Apple claims?

I was listening to This Week in Android and they talked about a version of Android that is in development that runs, wait for it, Adobe Flash.  The application they've been showcasing is Farmville, which made me chuckle a bit.  Is Farmville a harmless time waster or digital crack that has the potential to turn the entire world into obsessed farming zombies?  I digress.  The interesting point in the discussion is that Flash did not consume resources, including battery life, nearly as much as Apple would have you believe.  It could be that the newer handsets have better chipsets -- they are putting 1Ghz chips into phones now that are capable of running Quake 3-- or that Android manages resources better than the iPhone OS.  In short, we should start to see if Adobe Flash is the mobil vampire that Apple claims it is.  My money is that it isn't.