A few notable changes have been made to the background updater. You can now point the updater service to an internal server (rather than Adobe's). Also if you select the option to disable auto updates the service or task should no longer be created (previous versions created the scheduled task regardless). The only issue is that this is only true if you install Flash via the GUI and there currently isnt an option to do this when you want to silently install. http://blogs.adobe.com/spohl/2012/05/04/changes-to-adobe-flash-player-background-updater/
UPDATE: I actually just discovered that this can be done with the .exe installer by using the command line argument "-install -au 2". I found this info from a comment by Stephen Pohl here: http://www.gregorystrike.com/2012/05/15/the-adobe-flash-player-update-service-starts-up-every-hour/
11.5.502.110 was recently released. Following the steps listed above the update and fresh install of 11.5.502.110 was easy! Great tips on the mms.cfg. It was always a struggle in the past to disable Flash updates.
I've been fighting Error 1722 for days. Installing the MSI without any switches, it asks for the location of "install_flash_player_10_active_x.msi" to uninstall the previous version but the path it offers is to the SCCM Cache folder "C:\Windows\SYSWOW64\CCM\Cache\..." and on some systems this folder has been automatically purged. My solution was to find the registry key holding the reference to the bad location and delete the entire hive.
Doing this, the MSI has no idea there is an older version to uninstall and successfully installs. I've checked the previous package and the Windows installer information is there. I'm at a bit of a loss why it didn't copy the files from the SCCM cache to C:\Windows\Installers\... to a non-volitile folder.
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