Just installed CS5 on Windows 7, 12GB RAM. Everything seems to work so far except the flash text edit icon won't open. Get error message when I try to open .swf to change the url link. Message says, unable to find valid editor for this file extension. It worked in my old version DW8. And I didn't see any editor chosen in preferences for .swf in DW8 either, but it worked anyway. Any ideas?
Flash Text was deprecated as of CS4. As far as I know it was not re-instated into CS5. You will need to use Fireworks/Photoshop to make an image with the text or use Flash to edit Flash documents.