Videos in AIR

Hi,

I'm trying to create an iOS AIR application that uses a fair bit of video.

I imported video into flash the way I would normally, using embedded video (which has to be FLV to work) but when I run it on the iPhone it's slow as hell.

Is there an alternate method I can use to run simple videos?
I tried adding a non-embedded video (using playback component) but it doesn't appear on iOS, there's just a white square where it's meant to be.

Someone recommended StageVideo but I can't find much info on it, how would I import a video and play it with StageVideo?

Thanks for any help