In action script, how would I be able to capture animation on the stage and save it to a file

using action script how would I be able to capture video that's playing on the stage and save it as a file

Are you still using iphoto?
If so you should NOT move the iphoto library to the TC and use it.
Apple says you will corrupt the library doing this.
http://support.apple.com/kb/TS5168
Although mostly about FAT32  it adds network drives.
http://support.apple.com/kb/HT1198
Now what I cannot tell you is if the same rules apply to the new photo app. Apple might have fixed the problem.
For iphoto you should offload the photos to USB drive plugged into your computer.. or any external drive.. the faster the interface the better.
Apple have explicit instructions for moving the library.
iPhoto '11: Move your iPhoto library to a new location

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