Sorry to hear that, friend -- I hope you're able to land a replacement soon.
For my part, it's no exaggeration to say the job I have today I have, in large part, because of Flex. A year and a half ago I had no idea what Flex even was -- a friend just happened to need some help throwing together a data-driven Flash demo, and I'd heard about this thing called Flex, so I picked up Professional Flex 2, dove in, and less than a year later, the wife and I were on our way to Seattle. It might sound cheesy, but Flex has quite literally changed our lives. (To be fair, I'd been programming for close to ten years by then, so I might've had a bit of a leg up just for my experience, but nonetheless, I was still starting from scratch with both Flex and Flash.)
So yes, I'd say go for it, particularly if you're interested in the realm of the UI. But I do have to say that while Flex is surprisingly simple to get up and running with quickly, it's also deceptive in that apparent simplicity -- I've been with it for just over a year, read easily ten books if not more on Flex & AS, and spend most of my waking time hacking code in AS3, and I'm only now beginning to feel like I understand how it all works. The range of proficiency among Flex devs is vast -- throwing together a line-of-business app might be easy (and fun!), but the learning curve shoots upward fast, and with Flash, the Flash player, and now AIR, well, there's just lot of material to absorb.
The good news, though, is that you can get up and running with it quickly, and you can probably learn enough in a short-enough span of time to be able to provide some good value to an employer or client in the near term. I believe I read that first book in just under a week, and three weeks later, the prototype was complete. My code was a hideous, convoluted mess, but hey -- it worked!
Best of luck to you.