Great work on this app first of all!
I just ran the code generation and a weird thing happened. All the functions and variables for the example code (like the URLMonitor and http network change functions) appeared twice. Perhaps this is because I was generating it a second time off the same settings? Anyway, just thought I would mention it in case no one else has brought the issue up.
I have not seen the duplicate functions and variables appearing twice, how did you generate a second time with the same settings? The generate button should be disabled after the first generation, however we hope to change this in the next version so you can actually create multiple projects in a sitting. I would like to try to recreate this though, so any info would be appreciated!
Also, if you didn't see it already, a patch release 1.0.1 was put out yesterday (more detail about it here: http://devgirl.wordpress.com/2010/09/07/adobe-air-launchpad-update/).
Here's how to recreate it (and it still exists in the new version - just tested):
In that scenario it appears that any methods added in the configuration and samples selection stage are generated twice.
Hope that helps.