flashblock is not good at blocking flash from a security standpoint. with it enabled, visit http://lcamtuf.coredump.cx/html5object/ and you'll probably see at least one flash animation start.
Thanks for the link to that demonstration. Hadn't seen anything bypass flashblock before. Switched to NoScript and confirmed that it actually blocks all of the test cases.
The thing I like about NoScript is that you can set it to block everything, even on trusted sites. You have to click the placeholder to make it load, or if there isn't a placeholder (web fonts, hidden flash embeds) you have to look at the Blocked menu.