The Flash Blog has got another demo of an FLV file with embedded alpha channel. This one uses the 3D Stroke effect for After Effects made by Trapcode.
There is an interesting article on Mike Chambers blog regarding Flash and Web 2.0.
Web 2.0 is a term often applied to a perceived ongoing transition of the World Wide Web from a collection of websites to a full-fledged computing platform serving web applications to end users. Ultimately Web 2.0 services are expected to replace desktop computing applications for many purposes.