Importing FLV's into flash

Hi, I wanted to know how I can import an FLV into my running swf file. I want to create a player that will play an FLV, and I wanted to know a couple of things.

What requirements do I have for my server?
Would flash MX be able to create a swf that can load an FLV into an MC within it?

The point is that I want to see if I do not have to do it manually, (Import it into the FLA file, then export SWF to be played later, etc, etc.) I would really appreciate any help!!