Adobe has released (in the labs) a new technology for flash called Stratus. Stratus allows one or more Flash Player Clients to connect to each other in a peer to peer manor. This technology could open up a wealth of new applications. I’m quite excited to try it out and will be tinkering with it over the next few days.
You can sign up for a beta at The Stratus homepage on Adobe Labs. There you will also find An Introductory article to Stratus and an example stratus application.