My flow for Flash is:
1. Export to Mpeg2 High
Quality.
2. Import the Mpeg2 file in Flash the Flash 8
native Video encoder with the appropriate
bandwidth restrictions for the particular
application and generate the neccesary Flash
files.
The Liquid Flash exporter while better than
nothing is fairly simple. I'd rather use the
higher quality optimized Native Flash Video
Encoder. The only problem with the is you have
to Flash which costs more than Liquid I suspect.