Yesterday, and the thrust of this morning's post was that I ws having problems getting data from a cf script from the flex swf's I was creating. The solution was to add a crossdomain.xml file to the root of my local server. This crossdomain file defines what hosts we will accept flash requests from. Check this page out for more details Macromedia Knowledge Base

I am still left with the problem of not being able to view generated SWF's using http:// but only being able to run them from c:\Inetpub\wwwroot\yadda\something.swf

Annoying isnt it?

I coulddn't find anything that mentined that the swf's generated by Flex Builder are disabled in this manner.