Macromedia official released some public information on Royale this morning. The new official name is "Macromedia Flex." There's a brief online presention done in Breeze which you can view—it gives an overview of the product, how to use it and where it fits in.
They've also released a "white paper" and several other articles at the Macromedia Flex home page.
For more information, see the official press release.
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