HTML5 will go beyond Flash while dissapear like VML, VDML,and 3DML. You never heard of those because better things are constantly coming and soon HTML5 will be replaced! It will just process into better things. Soon maybe a HTML6. But YES HTML5 IS replacing Flash.
I think the problem is it requires enough memory and we all (+me) have gone to sites demanding a ton of memory making us not able to play.I'm working on re-creating TMJ to see if my thought is true.
*Don't worry HullBreach I will not launch too public it is is private server,and i'm not hacking.Im a comp Genius so I think I can get the PVP Demo to enough,not completly,process to get anwser!*