I’m near the end of writing a new book for Adobe Press, Flash Video Studio Techniques, part of the Studio Techniques series. Here’s one of the examples from Chapter 11, “Creating an Interactive Video Host”:
http://www.flashsupport.com/books/fvst/files/ch11/VideoWords_AS3.html
This example uses ActionScript 3.0 and embedded cue points. Some of the new Flash CS3 UI components are also integrated in the example. I’ll post more examples from the book soon.
