Declaring a shared object called "DB"

in as2 I’d do

var db:SharedObject = new SharedObject.getLocal(“db”);

then thats that, but I need to do it in AS3 now, anyone know

im pretty sure,

var db:SharedObject = new SharedObject.getLocal(“db”); is correct, but I think it just needs more parameters in AS3? if thats true, could someone tell me?

Question: 1:

What are these for?, if anyone knows, a minor explaination would be nice, thanks
1:"Client,
2:“Connect”,
3:“Close”,
4: “sync”,
5:“default object encoding”,
6:“fps”,
7:“getRemote”,
8:“netStatus”,
9:“objectEncoding”,
10:“setDirty”,
11:“setProperty”,
12:“size”