Here’s a nice tutorial on how you can display frames per second on top of your content when its playing. The actionscrpt is also available on the site which basically calculates the current frames per second. This could come in extremely handy when you are developing content to make sure that it is not overloading CPU. Very important for mobile application development!!

One of the frequent bloggers, Vivek from i2fly.com has a great blog that talks about FLash Lite and similar applications. Check it out here.