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Interesting that it says you have time left. If it expired it should have counted down to 0. I wonder if it's the SDK that expired and not Flex Builder? You should install FB beta 3 and it should work for you (it's not supposed to expire until March 15 or so).
Make sure to install beta 3 to a new location or completely uninstall beta 2 beforehand.
This is the very same problem i am having right now.
Try uninstalling Flex Builder 3 beta 2 and installing Flex Builder 3 beta 3 (you can download it from: http://labs.adobe.com/technologies/flex/flexbuilder3/). Beta 3 should allow you to continue using Flex Builder 3 for another couple months, I believe.
Note that Flex Builder 3 beta 3 won't accept serial numbers from Flex Builder 2, but it shouldn't be necessary since beta 3 won't expire until after Flex 3 has shipped.
Hope that helps,