No, this is not . Yes, we reported on an a few weeks ago. But this is a new one. Adobe informs us that "a and earlier versions for Windows, Macintosh (etc.). This vulnerability could cause a crash and potentially allow an attacker to take control of the affected system. There are reports that this vulnerability is being exploited in the wild..."
Fortunately, Adobe expects to release a fix Friday--perhaps by the time you read this.
A has many users complaining that their Verizon iPad WiFi + 3G is unable to connect to the 3G network, typically showing "Searching..." in the status bar. (not Verizon's network). Indeed, the latest word is that the , released Thursday, restores the lost connectivity.