Can someone help with some small scroller problems

Can someone please help me fix this dynamic text scroller:

For some reason there’s a big empty space under the last row of text, even though it’s not there in the movie clip. Before the scroller button was going too far down, but I fixed that by playing with some settings but I can’t figure this one out.

Also, does anyone know how to mask dynamic text with a masked blurred edges (like, at the top and the bottom)… I’ve seen it done but for some reason my mask shape with transparent edges doesn’t seem to have any affect.

I’d appreciate ANY help I can get! If you need the .fla file, just let me know. If anyone wants to get me on MSN messenger, I’m at [email protected]

Thanks!! :