Editing Full Motion Recording Slides
Our team has made a little nifty utility available to edit Full Motion Recording slides. FMR slides are generated during drag/drop actions or when you record in full motion recording mode - it's similar to .avi-based recording except we generate a .swf on the fly. However, .swf files can typically not be edited inside Adobe Captivate. You can delete, split, and insert .swf files.
Simply export the .swf of such a slide (use the library) and edit with the FMR editor. Subrahmanya wrote a Dev Center article on how to use the utility.
Download the FMR editor from the Dev Center.