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ColorWheel is a flex component for any kind of DisplayObject or any DisplayObject subclass that can apply filters with new FileReference features.

It is based on ColorMatrixFilter that allows you saturation changes, hue rotation, luminance to alpha, etc. Easy way to work with ColorMatrixFilter gives ColorMatrix class by Mario Klingemann.

The component also uses new ability of the Flash Player 10 FileReference class to load and save data without server. ColorWheel can be easily customized using its custom properties and events to suit your application’s design and to integrate with your other classes and components. As usual use right click to view and download source.