From what I've seen I'm extremely impressed with this new flash version. All of the new bitmap rendering aspects are amazing, some of the movies I've seen could easily be confused for director movies.
ie:
http://www.rgblaster.de/ff/f8toys3.html
http://bellat.pair.com/maximov2/f8/blur01.swf
http://www.margaris.de/flash8/bitmap/bitmapcache.html
For more droolworthy viewing try this list:
http://www.franto.com/blog2/collecte...strom-examples
I can definitely see animators making great use of this type of stuff. Game developers should be freaking with the new bitmap capabilities. I know some of the built in filters have potential to be overused and cheesy, but I can definitely see them being put to some interesting uses.
Video integration is a lot more indepth, and looks like they're also giving you more control over text rendering and appearance. Text is looking far less blurry.
Best of all, they've gone back to the old style of 'undo' in the authoring environment which they screwed up in MX2004.:)
Definitely one of their more impressive releases.