A milestone for the open source command line ActionScript 2.0 compiler has been reached. Nicolas Cannasse of Motion-Twin announced yesterday that that MTASC 1.0 has officially been released. It includes compilation support for Macromedia's V2 Components.
You can find more information and the download link on the project page.
MTASC is a way to compile ActionScript class files to a .swf file without the need for the Flash Authoring Environment. The speed of compilation is amazingly fast, usually around 0 seconds.
It's definitely worth a look. MTASC runs cross platform, so you Linux developers can compile ActionScript 2 to .swf on your native machine.
Out for a walk by the river...
The sad puppy-dog-eyes look...
Pretending to be asleep.