Compile C/C++ libraries into your swf
Sounds cool huh? You look at all the projects on sourcefourge and think, man if only I could do that in the flash player. Well now you can. The project named Alchemy which translates these C and C++ libraries into bytecode for the flash player is now available on Labs. I cant wait to see how people bend and twist this one. I think it may be one of the more interesting projects I have herd come out of MAX so far.
The Download and Documentation as always is displayed and well laid out on Labs:
http://labs.adobe.com/technologies/alchemy/
Looks like its a pretty intensive install for Windows, but Mac looks fine
Adobe is providing some example libraries, and developers are encouraged to share their ported libraries.
On another note one thing mentioned in the 2nd Keynote spiked my interest:
“Ben then opens up Visual Studio and edits MXML with color coding in Visual Studio using a new plugin Adobe is creating. Next he shows a native AMF to .net implementation to build a back-end in C#.”
Hmmm to tell you the truth if the plugin for Visual Studio works well, I might end up doing my flex work in that. I never use the visual layout features of Flex Builder these days and Thermo…. I mean Catalyst will do that work for me.

Maybe you may want to check:
http://www.ensemble.com/products/tofino.html
Regards,
Sweet cheers for the heads up mate