That sounds like the spinjob for a leftist lie. While Jerry Falwell doubtlessly prayed in earnest for Flynt's salvation, the smut peddler published an evil attack piece on Falwell in his vile rag, H*stl*r magazine. Falwell served God whereas Flynt, as is the case with Sanders, serves only satan.
Google it.
It’s true; Jerry Falwell and Larry Flynt were friends.
I grew up in Lynchburg and I currently live ten miles away from Liberty University. My in-laws are friends of the Falwell family. Jerry had no illusions about the type of man Flynt was, but he maintained a friendship with him, and prayed for his salvation until the day he (Jerry) died.