We’ve been expecting this for some time. Macromedia has released an updated EULA for the Components provides with Flash MX 2004. Read more about it here and here. The new EULA addresses many of the issues with the previous one but still leaves some issues unresolved. I miss the days when there was no EULA on the components and framework
Update: Check out this post too by Grant which includes some analysis on the update EULA here.