Flash Editor 1.2.1 is now up. A bug in the export routine that caused sibling nodes to inherit their previous sibling's properties has been fixed.
Also, please email me if you are experiencing problem highlighting text. I've had a few reports mentioning this problem and I need to fix it. It's most likely caused by the need to update the toolbar and explicitly having to place the cursor selection back into the textfield after the update. If anyone has a suggestion for a better algorithm please let me know. Stuart Schoneveld's editor doesn't seem to be affected by this problem but since he hasn't released the source I can't determine how he's accomplished this.
I'm also trying to find some time to add comments to my weblog so that people can discuss in a forum rather than simply emailing me.