Adobe released a great video showcasing Flash Player 10.1 running on the brand new Google Nexus One. Now before you rush out and buy one, be aware that the player isn’t available on the phone just yet, but Adobe promise to push it over the web to you as soon as it’s ready.

Performance wise things looked fairly impressive with its Qualcomm Snapdragon CPU seeming to handle the Flash content with relative ease. Admittedly Adobe have no doubt been careful selecting the content to show in the demonstration so I’d really like to see it running across a wider ranger of sites before making a final judgment.

Either way it looks like a step in the right direction and hopefully other phone manufacturers will be able to harness similar performance from their hardware when Flash Player 10.1 makes an appearance on a wider ranger of devices.

So am I tempted to buy the Nexus One? Maybe, but first I think it would need a few simple modifications. A Nokia badge on the front would be a good start, and I’d really like to see a phone that also doubles as a lightsaber. Got a bad feeling that I might end up accidentally cutting off my ear when I try to answer calls though.