This is a question that I've been searching all over the internet for, but haven't found any answers.

Is Flex able to compile FLAs made in Flash 9 Public Alpha, accompanied by AS3 files? It seems like the answer may be no, but I haven't found a concrete answer anywhere.

And if not, is there any plugin for Eclipse that can compile AS3?

The reason I really want this is that my compile time in Flash 9 is obscene, and people claim that the Flex compiler is far faster. I just can't actually figure out how to make it compile.