Just because you can hide the problems using better hardware features doesn't mean it didn't suck.I hope the fanboys take note of this. Flash sucks on OSX because of Apple. I've used it on Windows for years, and it runs perfectly. Hopefully this will go to alleviate some of the differences.
VLC or QuickLook on OS X doesn't use hardware acceleration either yet playing the same video on it uses less CPU than the same video enclosed in a flash container in safari or firefox, why?
P.S. Just double checked with Flash version 10,1,51,45 installed.