This is an image response to theflashblog.com/?p=1703, where I took most of the sites they produced scary flashless mockups for and produced actual images browsing from an iPhone.
Sure there are some things you still can't do without Flash - Farmville, and Hulu (I left the adobe images in place as there was no point in even trying them).
I did replace the flash games sites with two App Store games searches - if you want a few moments of fun for free you could probably spend a year just playing game trial versions at this point.
But the blogger at Adobe (Edit: Lee Brimelow, responding thoughtfully below) overstated what the rest of the web looks like and how usable it is without flash. The rest of the web is already moving on. We all use PDF and Photoshop prodigiously, is that not enough for you Adobe?
A nice alternate take on the same set of photos, showing the world with Flash ads all disabled - bliss: