Huh, Ted revealed that Flex 3 will launch synchronously with a new minor release of the Flash Player. New features? Script caching! Visit a site that uses a specific Flex framework and the framework gets downloaded. Visit a second site that uses the same Flex framework and the framework will be loaded from cache, and only the application is downloaded.
And if you're developing Flex (and Flash) projects for a number of domains under your control, you can use the script caching to deploy a single, only once downloaded runtime shared library for all your apps.
Script caching is something we've been talking about with Lari over oh so many Gin & Tonics. Luckily in this case, the walls must have had ears.