I have placed a new version (1.75 beta) at http://www.koolmoves.com/km175beta.exe

This is what is new and fixed:
1. Added MP3 audio
2. Added capability to use a .fun file as a preloader
3. Added elapsed time of current frame to navigation toolbar
4. Added bitmap transparency
5. Added capability to define button hit area
6. Added capability to display grid on top or on bottom
7. Moved movie frame from bottom to top of animation
8. Added display of mouse position or amount of rotation to status bar
9. Fixed point selection problems primarily associated with symbols
10. Fixed symbol rotation problem for pure rotation (still needs more work)
11. Removed restriction limiting entry of long strings for url target
12. Fixed bug with saving screen capture to a file name other than the default

I will get to bitmap scaling and rotation next round.

How do you feel about the accelerators for playing the animation (e.g., ctrl+enter)?

Do you feel that importing swf files is a high priority?

Would you like to see a button that will launch a sound editor of your choice in the area where sound is associated with frames or buttons? Are there any good freeware sound editors?

Should drop shadow functionality be a high priority?

Should movie clips be a high priority?

I haven't forgotten about bones. Since Moho seems to be abandoning swf export, bones is definitely more interesting to me.