ELTIMA Unlike Flash Optimizer, Macromedia only offers Zlib compression, some image, sound and video control. With Flash Optimizer you can also compress each and every element of SWF file (the input file) - vectors, shapes, morphing, fonts, curves, etc - with a total of over 50 customizable compression parameters provided. By triggering these, or sometimes even by using default settings, you'll get the possible compression range. Of course, several interface layouts, preview feature, SWF info button - to make it convenient and native on a designer's desktop. Here's a recent review (in german) http://screen-online.de/blog/archives/000087.php#87 where they reduced SWF size from 10Mb to 2,5Mb in their internal test, so using Flash Optimizer will make a significant difference to SWF compression, indeed.
(Version 1.0)