Adobe Systems have released two eagerly awaited products, the Flash Player 10.1 and Air 2.0 both of which are available under the ‘beta’ tag on major operating systems like Windows, Linux, Macintosh and x-86 based notebooks; however variants for Windows mobile, Android, webOS and Blackberry are still in the books and should roll out by 2010.

Adobe’s latest offerings (Flash 10.1 and Air 2.0) support multi-touch/gestures and have incorporated a global error handler enabling devs to write a single handler that processes all runtime errors. Adobe has also added the GPU acceleration for H.264 video (timed well with YouTube’s 1080p HD video release) unfortunately this feature will initially be available exclusively on Windows.

Air 2.0 beta has new bits like Open document API, Native process API, Mass storage device detection etc that help transform it into a software with better networking capabilities. Both the products (Flash 10.1 and Air 2.0) are available for free download at the Adobe Labs download section.