I am currently working on a Flash Fighting Engine that I call RUMBLAH!
The engine will be like a MUGEN and anybody who can animate in Flash will be able to add their own character, little to none programming needed!!
For more information check out the blog!
www.rumblha-en.blogspot.com
Madminifig
Its a great idea,if you need any help with AS or anything at all just ask me and i can be of assistance.