Load xml to flash

i read some, i know to create a xml to hold data,to load,but not understanding the display part, it seem the a lot of ways to display and i find the easy and good way.
i be loading the whole xml starting the first line
example here the xml file.

<?xml version=“1.0” encoding=“UTF-8”?>
<?xml-stylesheet type=“text/xsl” href=“jcdmenu.xsl”?>
<link>jay_link.html </link>
<title>Ye Hui Hei</title>
<artist>Jay Chou</artist>
<link>jolin_link.html </link>
<title>72 bian</title>
<artist>Jolin Cai</artist>
<link>arron_link.html </link>
<title>Xin Ge</title>
<company>SONY MUSIC</company>

loadText = new XML();
//creating the loadVarsText function
loadText.onLoad = function() {
//scroller is the dyanamic text
scroller.text = loadText;


is it possible to load the xml file in flash and edit the the xml then save it.
the 3 above thing, load i can but the edit and save i hav no ideas
and wat the parseXML function?