But who's LowRA ?
Is it the codename of Laura Palmer ? yes, indeed ! :p
But LowRA is more than that !

LowRA means : Low-level Rework on Actionscript 3.0
That's the next-gen version of pixlib.
It won't use any features of Flex framework, never ! I suppose it could be nice later to release an extension of LowRA which build some bridges beetween the both frameworks.

So what's the goal of LowRA at this time, now that we have native event system, mx logging framework and so on ?

I had to reinvent the wheel (sorry guyz :p) to fit my devt needs and code design vision.
That's just a matter of taste, it's not based on quality or performance.
Yeah, I feel frustrated with AS3/Flex2. Incredible, no ? ^^

updated : A new version, better, stronger, will be released under the new Pixlib 3.0 Flash Platform Framework