Commodore 64 in Flash, one step closer!
Claus Wahlers just announced on the mailing list for FC64 that he's very close to having the display code working. Very exciting stuff! Darron's got a more in-depth post on the subject with Claus' preliminary screenshot.
Update: Here's a link to a running sample. It's just the start screen for the moment (no keyboard input yet). It draws the screen at around frame 100.