A lot of mobile companies have been announcing "deals" so provide video on mobile devices. I put "deals" in quotes because what these "deals" usually amount to is "a new walled-garden service that you have to pay for because the tools to get it for free aren't easily available. Suck it, Net Neutrality for Mobile (opens in new tab)!" So when I see that software is becoming available that lets you bypass these annoying little services, I have to mention it.
Of course, Flash Lite doesn't currently support mobile video, but the next version will. Also of note - this bit is news is yet another 3GSM announcement that slipped under my radar, so thanks to slashphone for the tip!
Read: Adobe - Adobe Press Room
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