Found a very interesting post and heated comments on this question. Will [Canvas] be the end of Flash? I think not. Full article here thanks to stairwellblog.com It is also worth checking out Andrew Wooldridge to as he is experimenting with Canvas.
Opera the browser I never use (love the firefox add-ons) is to integrate Carakan a browser Javascript engine that will increase the performance between 5 and 50 times. This will drastically improve the user experience of some of the more interactive web applications which depend on JavaScript and Ajax user interfaces. Which is now quickly [...]