Saved by a review.
At first I wasn't going to give this a 10, mainly because the cartoon goes along so well, until the audience gets to the actionscript part.
One can't tell by looking at the text, where the spaces are, where the gaps between words are and such. I was very sad and dissapointed when I got to that part, because there was no copy and paste for people who couldn't write script if their lives depended on it.
Luckily, I read through the reviews, and another reviewer placed all the code there (except with one error you fixed). Thusly, as soon as I have time, I am going to try this out.
If it works, I will forever be in your debt, sir.
You'll never know how many websites, and shitty tutorials I have slogged through to learn a "simple" preloader. Simple, my foot!
I have been wanting to have a preloader to call my own ever since I started playing with Flash 4 years ago.
If this works, I will worship your mighty wisdom for eternity.