And Flashmagazine has the scoop – Flash MX 2004 announced
Among the news: Flv streaming directly from Flash, and Flash MX 2004 forks into two programs. One “regular” version, and one professional. The professional comes with some extra features.
More info over at Flashmagazine.com, they also have the 411 on the Studio MX 2004 news.
You still need Flash Communication Server to truely stream FLV – i.e. seeking to any point in the video.
Is Flash MX 2004 necessary? Why Macromedia offers new Flash so frequently.