Opera Software announced at the Up North Web Conference that it will officially release Opera Mobile for Android in November. Unlike Opera Mini this is a full version of the web browser with many of the features of the desktop version, it will support hardware acceleration and pinch to zoom has also been added to the mix.
Hardware acceleration will allow Opera Mobile to run much faster as well as improve navigation and the speed of the UI. Pinch to zoom, on the other hand, will allow you to choose your own level of zoom just as you can in Opera Desktop. We have no news right now on whether the browser will feature Flash support, but this is highly likely to happen thanks to most handsets coming with flash and Android 2.2 shipping with it.