Low Memory Errors Bug (problem and solution)

Well folks, I had a panic today as an .fla I’ve been working on for some time started giving me this error:

It turns out that I had a couple corrupted .png files in the library. I replaced them with newly “saved for web” images from Photoshop and voila - problem solved (after much stress and a few angry outbursts).

Hope this helps someone…

p.s. I have a dual g5 with 2.25 gigs RAM so I don’t actually have memory errors.