Decompile Flash Free Version is an outstanding SWF decompiling tool which allows you to convert flash between SWF and FLA format. You can extract the elements from a flash movie.

Pros: Decompile Flash Free Version is a tool that can extract all the elements used in a Flash movie. It allows you to convert Flash between SWF and FLA formats. Flash movies can contain elements like images, sprites, fonts, sounds, shapes, text and script etc. It is easy o isolate these elements from a given Flash movie. You are thus able to edit text used in a movie, replace images with those of your own and preview the edited results then and there. Browse and preview any resources of Flash and extract all the elements in the movie if you like. Change the background color at will. You are able to obtain detailed tag information. The easy to use interface is easy to learn.

Cons: You usually have the sources of Flash movies that you have created. De-compilation is usually required only if do not have access to the source. Doing some minor changes/edits on your favorite video clips to your liking may be a legitimate use for this application. One however could be tempted to decompile some clips owned by others and create something out of that. Users should be aware that such use may violate copyright aspects.

Overall a package that does its job well. It is easy to use and learn. The package is rated at a 3 star level.