Bump. Did you ever find a solution to this? Facing
the same issue with CS5.
Having the exact same problem.
We have a project that is constantly being worked on by 4+ artists and resides in version control. Whenever we change png's we could just hit update and Flash library would update the changed assets thanks to relative paths.
So what now? I always get an absolute path. How could I change the import behavior to always insert a relative path instead?
I am also facing the same problem.
Same problem here. I've tried to save project via "Save As...", selecting previous versions, and sometimes it works! But usually it doesn't and I cannot understand the logic. If I remember right the last version that saves relative paths is CS3...