Just as I thought Flash will be taking a backseat in the Web Two Oh space, I see this mention on TechCrunch of a new social networking endeavour (actually a spin off of an older project), to be launched soon called Wallop.

Not much is being disclosed about Wallop yet, except that it is significantly different than the existing Wallop project. I’ve seen a bit of what they plan to offer, and I’ll say that this is not another “me too” social network offering. For one thing, this is an all Flash application. And there are a number of unique business model twists that they aren’t announcing yet. The launch is scheduled for this summer.

Somewhat more amazing is the fact that the project seems to be backed by Microsoft (at least they did the old mywallop.com), and it is run by ex Microsoft man Karl Jacob (used to be an exec over there), is Microsoft showing some guts here?

Anyhow, this will good news for all you Flash addicts out there, keep an eye on it.

Technorati Tags: Flash, Social-Networking, Microsoft