"In something like an mx:Text, there is currently no property that will let you alter the default white text over black background color scheme when selecting a block of text. This is true for all versions of the Flash Player up to Version 9. There are plans however in future versions to enhance the Flash API to override this setting." Quote from Gordon Smith, Sr Flex scientist. I can't remember seeng this in the player 10 features, so I'm guessing no :/
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