This show gives a basic introduction to the new Animate effect, which is the superclass of all of the new effects in Flex 4. This effect enables new and interesting capabilities, such as animating multiple properties in parallel (versus the older AnimateProperty effect, which animates just one property per effect) as well as handling arbitrary types.
For giggles, I did some live coding in the video, which is a great way to amp up the pressure during filming. And for the record, most of the videos I've done so far, including this one, were shot in one take (something I far prefer, as it's a tad easier to feel spontaneous and dynamic when you're not repeating the same information for the nth time). This might also explain why I use the uncommon phrase, "Let's take a look at angrrizzat" in the video. Apparently, English is not my first language (perhaps it's ActionScript 3).
Here's the video:
Here is the demo application:
Finally, here's where you can find the video on iTunes.