From Macromedia presentation of Macromedia Central

1. RIA >> Combines best of web, , Best of communications ( Integrating Audio, video, chats into apps), Best of Desktop, allows Internet applications to run on desktop, not just on browser

Why Central :

Works offline and online, reuses data across applications
presence on desktop
uses existing tools and applications
Bridges gap between desktop and browser
OCC
Consistent experience across applications
Personal interface to information

Roadmap:

Mar >> Unveiled at Flash Forward conference by Kevin Lynch
Apr 2003 >> Developer Beta release
Summer 2003 >> Product ships