Gordon, It's great to see the Falcon source code contributed to Apache Flex. Thanks to you and everyone else at Adobe who made that possible. That's a very valuable contribution!
Is there anything the community can do to help you with the Falcon code? Testing the build, updating the documentation in the Wiki? Maybe it would be good to start working on a Wiki page describing the build process with Eclipse for Windows, OS X and Linux? I'd volunteer to help you with that, and I can imagine others would be interested as well? - Raju