Congratulations, guys! :)
What are you waiting for? Go download version 1.0 now from Adobe.com!
Congratulations to the amazing folks on the Flex team on their astounding effort. They completely rewrote (and vastly expanded) the Flex framework in ActionScript 3 while also creating a completely new (and rockin') visual IDE based on Eclipse. If my own experiences in the last year or so are any indication, you are going to love working with the Flex 2 Framework and Flex Builder 2!
I'll Flash anywhere dammit! I don't discriminate.
Have you heard of Flash on the Beach? No, it's not a new cocktail. Although if it was, I'd expect it to have Kahlua in it. Lots!