It's not necessary very useful, but I made a quick example : how to do a timeline. Sometimes it's handy.
On the screenshot, you can see the timeline inside the view, but in the example capx, it's outside, to show that the timeline still works, and that's how it's supposed to be used ;)
<img src="http://i.imgur.com/k93qa.png" border="0">
Edit : updated file, and another example, with a more "crazier" Sprite :p http://dl.dropbox.com/u/1412774/timeline2.capx
Edit2 : by using R0j0hound's Canvas plugin, you can create a fake "Shape tween" effect : http://dl.dropbox.com/u/1412774/timeline-fakeShapeTween.capx