So I downloaded the beta version of flash catalyst today. I have to say that I am very anxious to start using this puppy. I fiddled with the effects, and animations for about an hour today, and the ease of use is great. It allows you to do some very cool custom animations and effects in a short and simple time frame. I highly recommend it for any designer looking to speed up their animating, and customization with flash.
Below is an example that I created using Flash Catalyst. It has a great option for sequencing actions upon mouse click, or over states. The option below was rotate 3d action. It was very simple to implement.
Just click the logo and you will see the effect!
Flash Catalyst's Intuitive Actions allow for easy custom animations: