Re:MS Paint (Score 1)

It's called Abobe Livemotion and it was Adobes stillborn entry into the Flash-Creation market. They took it all the way to v2.0 then dropped it like a rock. The uproar was great because it really was a far superior tool for creating flash animations (although the action script support was a little lacking).
Well maybe now they own flash they can try and put some of the great features in Livemotion into Flash.. I live in hope