It is possible, but there are many potential pitfalls. Are
you talking about doing this over the web or from a CD? I'm
thinking that doing this with dynamically loaded external FLV
files. That will allow flash to better manage the memory and all.
Do you already know how to do that? There are some great tutorials
For your specific question, I would probably have two
different instances of whatever kind of player you use. Then either
have cuepoints or just some function that checks the play time and
then pauses the original, hides it, and reveals the other. The
other plays through and has a listener for the Complete event. When
it gets to the end, it hides itself, unhides the other and tells it
to continue playing. In general not to hard once you give up the
notion of doing it with one player.
The only problem I see is the preloading/buffering of two
streams of video. It may be possible, but without knowing exactly
all the variable in play it is hard to say.
Also it may be easier to edit your videos into many little
pieces and just play them all in order and not worry about