Just a quick link/props to Carlos from papevision, as its late

His comercial site http://carlosulloa.com/ has a cool little demo where you can drift a ford focus rally car round in 3d.I have always wanted to see a game do this.

Looks like he has been watching the new features of the new flash player closely:

http://blog.papervision3d.org/2007/06/19/mip-mapping-in-papervision3d/

Nice work Carlos!