LPFlashEx let you load and control your media without importing the media.

You can have a test on a sample we just made for another user :
http://www.lpflashex.com/dl/MMPMouseClick.zip (85KB)

Publish fla file to exe, run it and choose the file you want to play.

other more detailed samples of media playback :
http://www.lpflashex.com/dl/MovieSamplesV2.zip (122KB)