In Flex 2 we've made a minor enhancement to the way data binding works with styles. Now you can bind a style property (CSS) just the way you'd normally bind an ActionScript property.
Note how the backgroundColor style of the Panel is bound to the ColorPicker value.
Selecting a new colour from the dropdown immediately updates the Panel.
This allows for much cleaner code than listening for a change event and calling setStyle in the handler (though that's what happens internally).
This trivial-looking feature involved delving into the MXML compiler source, and that's what inspired me to write about keep-generated-as a few months ago.
I'll try to write about the new enhancements in Flex 2 as I find time in between attending sessions at the conference. Stay tuned!