There isn't really any doc that describes the differences at this point. 
 Away3D 4 (broomstick) is alpha at this point.

The closest thing I can give you is documentation for the Away3D 4 
(broomstick) api.
http://away3d.com/livedocs/broomstick/Away3D/

And I do not know the answer to your specific question about modifiers.

-Dave

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