"With WebKit 3.0, will/does SVG have a drawing API as powerful as that of Flash? If not now, when?"
No it doesn't. The point you might be missing is that a huge portion of apps/sites that currently use Flash in fact don't need to. I'm not saying Flash/Flex/AIR have no place on the webscape. I'm saying that an awful lot of stuff that could only be done via Flash in the past, don't have to use it any longer. And that's an upward trend.
The point you might be missing is that a huge portion of apps/sites that currently use Flash in fact don't need to.
No argument here. It's definitely an over-prescribed technology. Maybe the alternatives could use better marketing. "JavaScript and SVG" just doesn't sound as whiz-bang or easy as "Flash".
Fact: IE 6 still represents 29% of all traffic to www.stormpulse.com.