Hello everybody!
I was thinking alternative ways to play these pretty laggy large audio files and wanted to do a small test with it. So here's a song split in three parts playing after each other(no preload used). While you may notice some hiccups this should be faster to start play your song. Of course you can always replace it with the real full song after playing the first round of sliced song. Just an idea.
Test here:
http://dl.dropbox.com/u/53898431/Sliced_Audio_Example/index.html
Download the Capx here:
http://dl.dropbox.com/u/53898431/Sliced_Audio_Example/Sliced_Audio_Example.capx