How to play an MPEG movie within a flash movie?

Hope you can help.

I’m trying to create an interface with Flash MX that would allow users to select titles of music, images and videos and play them. The first 2 can easily be done since the files are relatively small.

What I need help on is on loading and playing MPEG videos which are several MBs large.

The option that i’ve tried so far was to convert it to SWF and load
it as such… but to import it and save it as SWF takes a looong time… not to mention, loading it through “loadmovienum”

Any alternative you guys can recommend?

I’m thinking of having flash execute an external command but can’t figure out how to tell it to “play” the movie file using whatever application is associated to MPEG files.