Google Is Getting Better At Reading Flash
I probably will still advise not using Flash for making the navigation for your pages, but Google is starting to look at your Flash pages with new eyes.
They still probably won’t see your site like your human visitors do, but it looks like things are getting better for them being able to know what’s on your page.
I believe that even though I don’t use much Flash anything that helps people find exactly what they are looking for is a good thing.