The following demo is a simple implementation of Cover Flow that takes advantage of the 2.5D API — all DisplayObjects now have x, y, and z properties (position, rotation, scale).
Use the arrow keys to navigate:
I developed a Cover Flow clone with Papervision3D 1.5 for the Quatro Arquitetura website a few months ago, and adapting it to the new FP10 API was really easy. Download the source code. You’ll also need Tweener.