I downloaded flexlib source from http://code.google.com/p/flexlib/
I want to be able to set it up and run it in flex builder and play with it for learning purpose.
I tried to use the import project option by pointing to the flexlib directory but it did not work - I think thats because the source by default does not have any .project or properties files.
Visual studio projects are so simple :) - double click the .sln file and rest is taken care by god(ms).