I'm just waiting for the F4L project to become beta, then
life will be much better.
As far as Windows Flash Authoring:
I say KOOLMOVES.
Only because Macromedia Flash MX 04 is freakin' insanely priced.
Unless you acquired a registration key, but that's illegal, and some
might even say it's unethical...
Go KoolMoves, I used to use it for a while, and there are a lot of
built in text effects, which makes it sooo much better... kinda.
Good luck in your search!