This seems like a smart move by Adobe to massively expand Flash’s library base into utilities currently only available to native C/C++ platforms such as iPhone apps. This ironically could also turn Flash in to a bigger competitor to Director by opening up additional media support.
“Welcome the preview release of codename “Alchemy.” Alchemy is a research project that allows users to compile C and C++ code that is targeted to run on the open source ActionScript Virtual Machine (AVM2). The purpose of this preview is to assess the level of community interest in reusing existing C and C++ libraries in Web applications that run on Adobe® Flash® Player and Adobe AIR®.”
