Merry Christmas!
We are happy to release SWFUpload v2.5.0 Beta 1. The image resizing has been improved. Especially memory usage. All the proper events have been implemented and it seems to be working great for us. Hopefully it'll work great for you too!
A few other changes have been implemented as well. We've added more mouse events to be piped out of Flash to JavaScript. These include over, out, and click. They are handled the same way as other SWFUpload events.
Demos are online at http://demo.swfupload.org/v250beta1/
Discussion and known issues are at http://code.google.com/p/swfupload/wiki/v250Beta1
Download at http://code.google.com/p/swfupload