This document summarizes James Whittaker's keynote presentation which covered the following topics: - New releases of CS3 development kits and new AIR apps on the Marketplace. - Information about different Flash Player and AIR build options and their effects. - Upcoming features for Flash CS4 like a vertical properties panel and improved tweening. - Overviews of ActionScript 4 following ECMAScript version 4, data visualization tools, a UML modeling tool, and particle system demonstrations.