AS3 fast in rendering vector animation?

Hi everyone,

If I’m controlling movieclips (that contain purely vector shapes & text objects) , through actionscript 3, will it be faster than controlling them through actionscript 2?

Note that Im not using a timeline. Im controlling everything directly through actionscript. Currently I have this project in as2, and it’s going very slow. So I was wondering whether I should convert the whole think to as3.