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Flash model n is generally a slightly better Pro model (n-1), in other words you get to use the previously premium model as a cheaper/faster version. That has value.
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They do have value, because they are much much cheaper.

But no, 3.0 flash is not as good as 2.5 pro, I use both of them extensively, especially in translation. 3.0 flash will confidently mistranslate some certain things, while 2.5 pro will not.

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Totally fair. Translation is one of those specific domains where model size correlates directly with quality, and no amount of architectural efficiency can fully replace parameter count.
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