Ok mods, I know this isn't game related, but I don't really post to other forums, and this really made my life easier.

If you're using CS3 and Vista, and you're getting AS panel slowdown, and serious problems with trace actions slowing down the test player...

Shut down flash, go straight to the flash.exe in program files, right click, go to properties, and set compatibility mode to "XP service pack 2" then restart flash. Should solve a lot of problems.