Setting up Flex project for group development can be a bit tricky. There are lots of little local settings that might need to be tweaked in order to have a project that can be easily checked out.
I've had limited success using the built-in import/export flex project utilities. I seem to wind up editing by hand a lot and I think I might be missing something.
UPDATE I neglected to mention originally that my goal is to make it possible to checkout a project from subversion and get up and running with as little fuss as possible. The biggest problems that I have run into all revolve around managing the "dot" files and how to make them flexible enough to deal with different developer environments.
For example, even with just me, I would like to have this ability: at work, I use a Vista machine and at home I use a Mac. There are certainly differences in the way certain paths are described, but they really are quite similar. On Vista, the flex root is c:/ColdFusion8/wwwroot, on OS X, it is /Applications/ColdFusion8. I have been able to set up a linked resource path variable for both CF_FLEX_SERVER and WEBSERVER that I then reference using the ${WEBSERVER}/myProject syntax.
So far, it seems to work pretty well, but I find there are a few places that it still has issues. Specifically, in the .project file you find something like:
<linkedResources>
<link>
<name>bin-debug</name>
<type>2</type>
<location>c:/inetpub/wwwroot/myProject-debug</location>
</link>
</linkedResources>
Unfortunately, if I try to change the location entity to ${WEBSERVER}/wwwroot/myProject-debug, flex throws a compiler error. That's a shame, because pretty much everything else works.