Adobe Flash CS3?
I was just told that the next release of Flash with be titled Adobe Flash CS3. If you are unfamiliar with CS, it stands for Creative Suite. The current release of Adobe’s Creative Suite is CS2, so I think we can expect a whole bundle of software being released at the same time that may include titles such as Flash CS3, Photoshop CS3, IllHand CS3 (Illustrator + Freehand), InDesign CS3, DreamLive CS3 (Dreamweaver + GoLive), Acrobat Paper CS3 (Acrobat + Flash Paper) and more. This is all just speculation on my part, so don’t take my word for it. I am pretty sure about the Flash CS3 part of it though.
The new Flash CS3 will definitely have enhancements to its importing abilities with Photoshop and Illustrator. From what I have heard, you will be able to access bitmaps and vectors right down to a specific layer within the import window. I am sure copy & paste between programs will function a lot smoother than previously.
Fraser 
Yes the title for new Flash version is going to be “Adobe Flash CS3″. I just start using Adobe Design Center and I got an error “Adobe Flash CS3 is not installed or its installation is damaged”
So I can’t wait to see the new version of Flash
My friend Scott who just started at Yahoo has a copy of the beta. He was telling me that you can turn timeline animation into MXML to use in your ActionScript. This will definitely help bridge the gap between Flash Designers and Flash Developers. I’m excited to see what else it will offer.
Fraser
i have started using the adobe photoshop cs3 beta… and it shows an error msg saying adobe flash cs3 not installed.
so i guess, the new version is adobe flash cs3 after all. can’t wait to work on it.
flash cs3 is simply wow