FlashDevelop
From Chumby Wiki
FlashDevelop is a .NET open source script editor designed mostly for Actionscript 2/3 development. FlashDevelop is very quick to setup and easy to use as an external editor for the Flash IDE or as a complete open source development environment.
FlashDevelop can be used to create SWF files that can be run as a widget on your Chumby.
Further Documents
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Getting FlashDevelop
FlashDevelop can be obtained by visiting the FlashDevelop Release page