Flash selectable text readable by SEs?

[sixbhsw]

If text in a flash movie is selectable, does that make it readable/indexable by SEs? My dilemma is creating an aesthetically pleasing flash page, which does contain a good amount of pertinent text, but losing our currently solid SE rankings because that text isn't accessible.

If not, are there any suggestions for how to combat this problem?

Thanks.

[JohnG]

This is a fantastic experiment on what Google can and cannot read in Flash.