MediaDisplay vs FLVplayback - coded cuePoint

I am running into a problem with the FLVplayback. I like how MediaDisplay lets you code cuePoints…and well almost everything else for it. I was wondering if this was possible for the FLVplayback.
I’d like to be able to add cuePoints, and other parameters to a video using the FLVplayback without having to actually click on the component, and hardcode the info into the component via the parameters menu.

Would it just be better to find a video controller and strictly use the MediaDisplay component?