Valleywag claims "people familiar with the meeting" between Steve Jobs and the Wall Street Journal have told them Apple's CEO once again dismissed Flash as "old technology", while Bloomberg News reports on Adobe CEO, Shantanu Narayen calling Apple a "proprietary lock".

Jobs apparently repeated claims that Flash is buggy and crashes Macs, is a CPU hog with security holes, would reduced battery life to 1.5 hours, and was basically old technology, something Apple doesn't spend time on and historically jettisons quickly, like floppy drives, FireWire 400, and even optical drives on the MacBook Air. Switching to H.264 was said to be trivial, though Valleywag points out it's fairly non-trivial in implementation.

Narayen, commenting on the record, had this to say:

"Considering the amount of content on the Web that uses Flash — not allowing your consumers to access that content isn't showing off the Web in all its glory. Apple's business model is more trying to maintain a proprietary lock."

Since, Open Screen Project or not, Flash is ultimately controlled by Adobe while HTML5 is an open standard, the "proprietary lock" comment is a tad ironic. Narayen, however, also pointed out that Flash 10.1 was the the "middle-ground" solution Jobs himself asked for following the launch of the iPhone -- more fully featured than Flash Lite, not as resource intensive as Flash (Full).

The Apple vs. Adobe, iPhone vs. Flash debate has beaten whole heaping herds of horses to death now, so we'll just ask you this -- do comments from the CEOs, on the record or gossipy alike, inform or sway your opinion in any way?