Link: Cool Actionscript 3 'Genie' effect

This is an awesome link that Mark sent around the other day - a cool Mac-esque 'Genie' effect.

GenieEffect

That effect is all very cool, but even more surprising is that it seems to be an Actionscripted effect, rather than a Pixel Bender effect.  You can find the blog post from the guy that created this here, and even better can find a live online example here.