Ok, this is something i had in mind since Flash 8 was released. I needed to play around a bit with it, and here is my first template done completely in Flash 8.

Creating more compelling designs with built-in filter effects like drop shadow, blur, glow, bevel, gradient bevel, and color adjust, run-time control over blend modes allowing graphical effects to be composited for fully dynamic user interactivity, font rendering engine that provides clear highest-quality font rendering, Easily & intuitively & precisely control the velocity of animated objects through an intuitive graph that provides independent control of position, rotation, scale, color, and filters. Tighter control over gradients such as changing the focal point of a radial gradient and selecting from different overflow modes. All this, below.

I am quite happy with what i've learnt. Not used to the new features yet, but i will with the time. The more i use it , the more i like it.