Wait, the CS5 Master Collection is for Flash Builder Standard, not Flash Builder Premium? I looked as hard as I could in Adobe's marketing material (and on the box of my product) and they're very unclear about which version of Flash Builder is included. Please clarify. I really hope my massive purchase has the ONE thing I really wanted - Flash Builder 4 Premium.

Oh, man, that's bad news. I feel like Adobe could do a better job with being up front about the master collection not having the top-end version of the products. Being the top-end suite product I think the average purchaser is going to be disappointed by this move. The box and product information on the website do not specify either version and it seems to be a bit of a bait-and-switch. Master collection = top end tools, not low end.

It is also noteworthy that the features you don't get with the master collection's Flash Builder 4 Standard version are things like a profiler, which helps make better products that don't use as much RAM on user's computers. That's certainly something that would seem to be in Adobe's best interest to facilitate, as they're certainly getting a bad name developed around the Flash brand for managing those things poorly. All in all, bad choice, Adobe, bad choice.

Try to close the welcome screen and then re-open it ... or try and close the welcome screen, shut down FB and then reopen it.

same thing happened to me the first couple of times I opened FB but then I resolved it this way -- I think it must be because something was cached (those screens link to a website I think??).

Also, check your features, Do you have the premium features running (like network monitor?)

Good luck!

I'm glad this helped you -- great to know you're up and running!

Yeah, I have a hard time with Adobe at times. I now have four Acrobat Professional Licenses, and because they've included Flash Builder into the Suites, I have two licenses for FB. One for Flex Builder 3 Professional, and one for Flash Builder, included in the Master Collection. There was no upgrade path to Flash Builder Premium from the Master Collection, at least when I called. Since the Master Collection includes Photoshop Advanced, I hope it's not a stretch to say I think they should have included FBP as well, or certainly offered an upgrade path.

I swear it seems like Adobe is either 1) malicious in it's upgrade policies as far as new suites and bundles and all go, or 2) are completely inept and don't stop to think about what already exists, and what the policy should be. I don't believe 1 is the case, but, come on, Adobe! Think about what your users are using, and offer sane and logical upgrade paths and options. Don't keep forcing us to end up with multiple copies or require us to buy a second license for something we have so we can upgrade via the second copy because we can't upgrade through the first. I really do believe they just don't think this through. The alternative (malicious greed), is too unpleasant to believe.