Embedding HTML in a Flex application

Christophe has come up with kick-ass stuff. He has shown a technique where you can show HTML content within Flex application area, he actually using a HTML IFrame which being controlled by code in Flex application.
Check out the following link to find out more...
http://coenraets.com/viewarticle.jsp?articleId=95
Update: Brian Deitte has update Christophe's code for AS3/Flex 2.
http://www.deitte.com/archives/2006/08/finally_updated.htm