I just upgraded to Eclipse 3.1 (RC2) and installed Flashout 0.2.0.7 but was unable to set the preferences for Flashout. The following error occurred when I clicked the Flashout option in the Preferences window:
Unable to create the selected preference page.
Reason: Plugin com.potapenko.flashout was unable to load class com.potapenko.flashout.preferences.PreferencesRoot
After checking the log files from Eclipse (workspace->.metadata->.log) I found out that the following seemed to be the root error:
java.lang.UnsupportedClassVersionError: com/potapenko/flashout/FlashoutPlugin (Unsupported major.minor version 49.0)
at java.lang.ClassLoader.defineClass0(Native Method)
at java.lang.ClassLoader.defineClass(Unknown Source)
The result of a Google search pointed out that I might be using the wrong java version and indeed, that was it. Make sure you’re using Java 1.5.
To know what Java version you’re using, open a command prompt and type:
java -version
You can also try one of the other options listed on this page.
You can get the latest version here.
Have fun!
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Christophe Herreman is a software developer living in Belgium. He's working on high-end Flex and AIR solutions at 
July 9th, 2005 at 2:03 am
It´s totally true.
You need the latest version of JAVA 1.5 and The mos recent version of eclipse.