On 18th of June Google announced that now they support Flash indexing with external resource loading.
Quoting Janis Stipins, Software Engineer at Google:
This means that when a SWF file loads content from some other file – whether it’s text, HTML, XML, another SWF, etc. – we can index this external content too, and associate [...]
This is a great news! I’ve been waiting for this to happen for a long time. If you don’t believe me that Google is indexing flash try to search on Google by this kind of phrases: “flex filetype:swf“; and you’ll get a list of SWF files that were indexed by Google.
How does Google do this? [...]