SmokeScreen.us: Flash2HTML5 converter

Here we have an interesting Flash2HTML5 converter which seems to work up to (parts of) Flash8. Check out smokescreen.us for demos and more info (Thanks to Antonio for the link).
Seems like it works pretty decently regarding movies and animations but I wonder if “real” applications would work with it, like for example such which were built using the Flex framework.

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