A major update for flash has ben released, code named “ellipsis”. Get it here.

from the site:

This update to Flash MX 2004 increases developer productivity by making the application lighter and more efficient to use.  The updater offers substantial improvements in performance and stability and more comprehensive documentation, including:

* Faster initial launch time

* Compile times up to twice as fast

* More than 400 additional code examples

* Additional documentation on working with components

* Over 100 bug fixes. Read the details in the release notes.