OSX How to pass arguments to AIR from command Line

$ cd /Applications/yourApp.app/
$ ls
Contents
$ cd Contents/MacOS/
$ ./yourApp params

2 Interesting projects on Google Code

Blendmodes4flash: New blend modes 4 flash using Pixel Bender.

Vectorizationpackage: A library for client side Vectoriztion of Bitmap Images.

SoundFX a library for realtime Sound Effects

SoundFx by Antti Kupila is a actionscript3 library for realtime sound processing. By default it comes with a little amount of filters but it can be easy extended.

More info: out of the box audio filters with actionscript3