Will HTML5 replace Flash?

I was skeptical at first, until a few experiments with HTML5 pops up across the web that caught my attention.

These experiments looks like they were built with Flash, but they’re not. What’s more, the performance was incredibly better than Flash.

Here’s two awesome examples (note: you need to view them on a modern browser eg. Safari, Firefox, Google Chrome, NOT IE6!):

Sketchpad

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