Makes you wonder if there was another reason - e.g. they had an internal reason to get c/c++ running on the VM - then they figured they might as well open source it.
Porting C/C++ video decoding libraries such as ogg theora to flash could be useful.
I imagine that being able to use libraries like that without requiring explicit support for it in the VM could open up some new possibilities. Not to mention the compatibility should be pretty good if it's a direct port.
Since they've stated they're heading for all Flash-based software in a few years (no more desktop), they probably more or less have to port all their apps to Flash. Ugh.