Keep an eye out for a new component being released on the Macromedia Exchange and on FlashComponents.net -- the component is called the TextFlow component and can be used to flow text around buttons, movie clips and text fields. In addition, text will flow between textFlow components and will work with both static and dynamic text.
For an example, go to www.architekture.com/example_textflow.html
We're quite excited about this component because we've been able to use it to do some pretty phenomenal layouts (if you go to www.architekture.com and browse around, every single screen that you see is using this component in varying ways, and all of the content on our site is database-driven).
We'd love to find a highly visible place to publish articles on how to maximize use of this component -- let me know if you know of any individuals to contact.
Also, we'd love to help other companies actually deploy this type of content-publishing technologies, so please contact me directly if you have a client that would be interested in powerful dynamic type layouts. (720) 236-3650
Thanks a ton and I hope that everyone enjoys the component