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Google just announced the next version of the Android operating system, version 2.2 (aka Froyo), and the update started rolling out for Nexus One owners this weekend. In this video you can see some of the improvements in Froyo and Flash-based websites. Gaming sites worked surprisingly well and even though the Flash Player is in beta it is still a decent performer.??Check out the full ZDNet article to see the video of Android 2.2 and Adobe Flash Player in action.
Exchange Calendar support is supported natively in the Android OS, but still leaves something to be desired. There are better 3rd party clients for full Exchange support.