<my:SimpleMP3 />
It's the guts of an mp3 player in ActionScript 3 and built for Flex. It let's you focus on the user interface and experience and forget about managing your pause position or setting sound transforms.
1) Create an instance of SimpleMP3
<my:SimpleMP3 id="audio" />
2) Do everything you'd expect
audio.url = "http://mydomain.com/music.mp3"; audio.play(); audio.pause(); audio.stop(); audio.volume = 0..1; audio.panning = -1..1; // and much more :)
3) View the current feature list: http://blog.tsclausing.com/mysimplemp3