Colin Moock's Blog is now showing a video of the first public demonstration of the new, next-generation flash player. I looks really amazing - it's got, (presumably among other things) a new font display technology called Saffron, *much* faster graphics playback, alpha transparency for video, and some nifty bitmap filter effects. Can't wait.
A company in London, Ariaware have just released a product which optimises flash projects by extracting the classes and letting you load them at runtime... So you don't have to load 70+k of classes you've already loaded just to get components to work properly :) Very cool.