Trying to make a game without having to resort to SWC packing my audio files via the Flash IDE. … I’ve tried as3wavsound ( http://code.google.com/p/as3wavsound/ )which has given my engine WAV support but the delay in playing a sound is even greater than MP3.

Does anyone know of a low latency, no initial delay, Actionscript 3 (AS3) based sound system/library?

P.S. I really need to solve this problem during the next swatch of free time, not during a Ludum Dare.