Flex Builder cannot locate the required debug version of the Flash Player. You may need to install the debug version of the Flash Player 9.0 or reinstall Flex Builder. Do you want to try to debug with the current version?"
http://www.adobe.com/cfusion/knowledgebase/index.cfm?id=758bf58b
http://www.webstudio.com.cn/forum/showthread.php?t=1387