Well, that's sorta true, but you aren't distinguishing them enough really. Shockwave and Flash are two totally different formats and have seperate players/plug-ins.
Shockwave is the file that Director publishes; I believe it was initially designed for CD delivery, as where SWF (Shock-Wave-Flash), was the flavor for the web and designed to be smaller and faster. Over time Shockwave has evolved into a web plugin as well, but it does still differ from Flash. Also, SWF no longer stands for ShockWave, they have over time changed it to mean "Small Web File" just to clear up any confusion.
I'm no Director/SW expert, but from what I've understood... Flash loads faster, but Shockwave has more versatility. For example, Shockwave can house Flash files, but you can't go the other way.
Flash is also a heck of a lot more prevelant on people's machines. I don't have the numbers in front of me, but way more people have the Flash player installed then SW.
Last edited by Noct; 07-12-2011 at 03:04 PM.