Yes searching if the development of flash in 3D is still busy.
Came across this one from Holomatix called blaze 3d
Blaze 3D Studio brings numerous benefits to your projects, such as:
* Unlimited, unencumbered smooth interaction with real-time rendered 3D objects
* Programmatic control over 3D objects via ActionScript
* Dynamic, creative control over materials and lighting of 3D objects
* Application of images and Flash movie clips to surfaces of 3D objects.
* Compositing of 3D models into any image background
* 3D objects are rendered in real-time are small in file size and downloaded only once, on demand, eliminating the need for multiple images or photographs that include redundant data to simulate 3D effects.