While we are waiting for SWFFix to come out, which will solve all Flash embedding problems :), SWFObject 1.5 has been released. James Eberhardt is working on a SWFObject addon called SWFResize which will hopefully solve start in full screen Flash (8) problems.
The great sIFR 3 rev 229 is out and it contains many fixes and improvements (new automatic ratio approximation, fixed leading for single-line text, delayCss...)
And finally - swf Image Replacement. swfIR is here to solve some of the design limitations of the standard HTML image and its widely-accepted associated CSS values, while still supporting standards-based design concepts. He he, don't know how will Rick James react when he sees this. :)