I’ve been searching for an iTunes Coverflow clone in flash, because one of my client asked me to use something like that for a new project. I finally found something decent… Take a look the following link: http://www.quietlyscheming.com/blog/components/tutorial-displayshelf-component/
Now the above opensource product is built for flex2, so it doesn’t suit our project. Then I found this. It’s pure .fla file, and XML to write data. I think this is the best sample to recreate Coverflow in flash.