Here is an update on things happening in my camp. I spent the better part of last week working with FDS, moving from DC to San Francisco, and getting ready for a 10 day dive expedition to Costa Rica.
I have been making some great progress on several AS3 projects as follows:
Custom Preloaders in Flex 2 using AS3 Classes and Flash Blaze Alpha.
SWF2AS3 - Generate an AS3 Class from a SWF file. Not decompilation, binary embed.
FDS Radio - Custom Messaging Classes for presence, chat, IM.
Using Object Databases with Flex Data Management - Persisting instances of Java classes, not RDBMS object mapping.
Runtime MXML for Flex 2 - Render MXML loaded over HTTP/Socket into any component.
Tomorrow I am departing on a 10 day dive expedition to Costa Rica that I have been planning for over a year. The trip will take me to San Jose, Costa Rica then 350 miles offshore to Cocos Island in the Pacific. I will be diving with large pelagics (whales, sharks, mantas, and 1000's of fish). There are few places in the world where you can dive like this and I will be bringing back lots of photos both digital and film. I am especially interested in the schooling hammerheads near Alcon bay. As few know I am a shutterbug at heart, hopefully I can find a home for all my diving photos using Flex 2. :)
This is Costa Rica diving:


Assuming I survive the trip, I will be back online in early June and will be wrapping up several projects for release. Unfortunately there was not enough time in May to complete my FDS overview. I will get to this and the preloaders first thing when I return. June/July should be a very interesting month, after some R&R and my move to SF behind me, things should be back to normal.
More to come...
Ted :)
DIGG IT! 
Ted,
I am insanely jealous. That Costa Rica trip sounds amazing.
-Jon (www.jonathanboutelle.com)