Flash optimization can be done!

• One of the best methods to optimize your Flash pages is to use the NOEMBED tag, the same way the NOFRAMES tag is used to index the sites built on frames. It's between the noembed and noembed tags that text content must be inserted after you have defined a clear search engine optimization strategy for Flash.
• Another Flash SEO method is the use of a CSS element, .div (which incorporates search engine accessible content), associated with a JavaScript function called SWF Object. This will allow detecting when browsers can display and view Flash. Search engine spiders that cannot handle Flash will choose to view the primary content, which contains links, headings, text, etc. in this case, Flash will not create any problems. It may not cause your site to rise spectacularly in the SERPs, but it will eliminate most of the ranking disadvantages that come with Flash sites.
• If you're going for the "all-Flash" approach (although most SEO practitioners strongly advise against this), there is also the possibility to create a HTML version of the Flash site and to offer that one for the spiders to index. You can create distinct HTML pages for each Flash page, and install the Flash movie on each page. If the visitor can handle Flash, they will see it. Otherwise, there will still be the HTML version, also accessible to search engine spider for indexing. You might lose the seamless effect that comes with Flash, but you will gain visibility and, possibly, some good ranking.
• Use the Flash Search Engine SDK tool called swf2html. It will extract the text from the Flash file and transfer it into a simple HTML document, so you don't have to do it manually. You will thus be able to see what the search engine spiders see.

While flash web sites will not rank as high as an HTNL site, it is possible to tag your index page and also apply the use of static blogs to help pull up its ranking.