This text is inside an external XML that was loaded by the Main's Document FLA and placed on a AS created TextField.
The text below was taken from the Adobe's website (
http://www.adobe.com/devnet/flash/videos/new_flash_cs3/index.html) and its being used only for text the search engine index:
But I think the major impact will be on the developer side in creating these applications. They'll be able to create code that is far more reusable, executes faster and, in the end, once they get into the workflow of Flash CS3 and AS3, be able to create these applications much faster.