
The latest version of Adobe AIR technology can access accessories like camera, microphone, accelerometer, GPS, etc., of the Smartphone. It can also provide hardware GPU acceleration and ability to work with multi touch screen.
Android devices with Android 2.1 version or later will support Adobe AIR technology.
It is also understood that Adobe will only test and certify AIR for Android on Google Nexus One and Motorola Droid Smartphone.
Adobe has already published a list of AIR Android apps with links to blogs and videos for explanation and clarification. Around 7000 developers are expected to work on this project. If you are a developer and wanted to participate in this project, check out this LINK.