I know its a little later than promised, but an update to the gProject panel is now available that plays nice with Flash 8 (But still works in MX04 7.2). The new version also fixes a few bugs, and takes advantage of some of the new Flash 8 enhancements (such as setIdleTimout).
As usual, gProject can still be purchased here, and you can find more information on the gProject page, as well as the online documentation, which has been updated. For those who purchased gProject, you should receive an updated version via the email address you provided today. If you haven’t received anything, please feel free to send an email to gskinner (at) kagi (dot) com.
gProject does NOT work with projects and files stored on a network drive. This has to do with a limitation in the JSAPI, and as such may not be resolved in future versions.