I'm going to spend a few days over the next week or so writing a comprehensive flash debug console. I think its going to be available as a free hosted service. (cross platform) I could even create a standalone version (save/archive logs) if someone had Zinc for OSX and wanted to compile it.

Anybody have any features they would like to see in it?

1) Hierarchy logging structure (multiple logs)
2) Text report generation (use php to create a huge text report of all the logs)
3) Three log levels, "info", "important", "warning".
4) Can use error codes and reference an error code library.