[flexcoders] invalid syntax?

[candysmate]

I've just started a new project and have already got a "Application
tag has invalid syntax" when switching to design mode in Flex 2.01.
The project compiles and runs without error.  Can anyone see the
'blooper' please?  I can't (yet)!

<?xml version="1.0" encoding="utf-8"?>

<mx:Application
         xmlns:mx="http://www.adobe.com/2006/mxml";
         layout="absolute"
         width="800"
         height="600"
         >
        
        <mx:ApplicationControlBar
                 x="10"
                 y="10"
                 width="780"
                 height="88"
                 >
                 <mx:Image source="@Embed(source='/images/spannericon.png')"/>
        </mx:ApplicationControlBar>
</mx:Application>