Adobe has finally updated their mobile edition of Flash Player to support Android ICS edition.
Samsung Galaxy Nexus users can now use it to watch compatible web content in the mobile browser on their devices.
There are still a couple of known issues however:
Seeking while video is paused will not update the frame on ICS device
StageVideo using On2 and Sorenson does not work on ICS devices
PHDS content plays with audio pops
OS does not prioritize incoming call – audio remains playing before and after call is received
Enter key does not work on the multi-line text input field