He was happy to give his views on Flintoff, who tore knee cartilage while playing in the Indian Premier League in April - and was subsequently ruled out of all England's international cricket until the Ashes.
Whether or not to field Flintoff in the first Test at Cardiff - perhaps on the back of just a game or two for Lancashire - will be "the great decision the England selectors are going to have to make," said Ponting.
"In 2005 and in 2007 we saw two completely different players and that had a lot to do with the level of fitness that he had under his belt going into each series.
"That's where they're going to have a tough decision to make."
Ponting 'very confident' of Ashes success
Ponting said he felt "relaxed, fresh and rejuvenated" after a four-week break from cricket.
And after team-mate Michael Hussey complimented England's new-found strength in depth, the Aussie skipper said his team would pose a severe challenge to the host team this summer.
"England played some very good cricket against the West Indies but the competition and opposition they'll be coming up against us is vastly stiffer than what they've faced in the last few weeks.
"I'm very confident we've got a group of guys here who will be well and truly good enough to win the series. I'm really excited about that."
Australia will be without Shane Warne, Glenn McGrath, Matthew Hayden and Adam Gilchrist this summer but Ponting warned that his country's new breed will pose a real threat to England.
"With the transitional phase the team's been going through, where we are at the moment is very positive," he said.
"To see the Phillip Hugheses, Norths, Hilfenhauses, Peter Siddles and those guys come in and have immediate success has been very pleasing for me as captain of the team and one of the more experienced players."
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