None of the Flex 3.x components can utilize this capability. You can put your own text on display using flash.text.engine classes if you want to. Flex 4 components will be able to do this.
Flex SDK Developer
Adobe Systems Inc.
Thanks. Do you know when Flex 4 will be available?
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From what I know, there isn't an official release date for Flex 4 but you can download the free Flex 4 SDK that is being updated daily: http://opensource.adobe.com/wiki/display/flexsdk/Download+Flex+4 You can play around with it and get familiarized with Flex 4 way before they officially launch Flex Builder 4.
With best regards,