Preloader Question

Hi guys,

I’m following Senocular’s Tips (post #355) about preloading and I understand everything except what the content.swf is.

What’s in the content.swf ? Is it my full blown application or just a holder for my content (images, fonts, etc.) ?

What do I do when it loads ? Will I have two .swf apps running simultainiously ?

I don’t get it.

Thanks.