Streamfout. URL: file:///C|/Documents%20and%20Settings/test/banner.xml
This is a path on a local machine, is that what you entended?
If the path from the Web page to the .swf is:
<embed src="/App_Themes/ol-OL/images/content/banner/rotating/banner.swf"
and your .xml is in the same folder as that .swf, then the path from the .swf on the Web page back down to the .xml file would be:
/App_Themes/ol-OL/images/content/banner/rotating/your_file.xml
The pathing issue is just one of any number of things that might be causing the problem. It's just a good idea to get the pathing correct and then move on if there are still other issues.
When testing locally have you tested in both IE and FF? The reason I ask is that your <embed> code looks lacking. If you can get it to work in IE that way, fine, but <embed> is normally used just for FF and will not work in IE.
If needed, you could place the Flash on the Web page like this:
<object data="path_to_file/file.swf" type="application/x-shockwave-flash" width="insert_width_of_movie" height="insert_height_of_movie">
<param name="movie" value="path_to_file/file.swf">
<param name="SomeOtherParam" value="ParamValue">
</object>
Best wishes,
Eye for Video