Found a nice flash player API. Its in As2 / mtasc though, still  
checking if there is a flex port yet which can then obviouslly be  
extended. would be nice if there was a nice standard API library to  
handle the nitty gritty logic, ie connection, stream, scrub,  
fullscreen , controls etc , and then its all extendible, hate having  
to roll your own all the time :) Prob the things id like to extend  
from an API is security functionality with a red5 app which i posted  
the logic earlier, havent begun building it yet, still having to get  
back to the access log API.

There is H264 examples, but its progressive downloading.

http://flowplayer.org/demo

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