Music Player with speed control

Question

Hello,
I am trying to create a music player for a college project which allows the user to choose from a number of sounds and apply effects to them. I believe the easiest was to do this is have several copies of each file and somehow switch between them, staying at the same point- i.e. the sound gets to 1:23, I press a button and then a deeper version of the same sound would start at 1:23.
Is this the easiest way to do this, or is there an easier way?
And how would I go about creating this?

Answer 1

Its simple:
public function MP3Pitch( url: String )
_target = new ByteArray();
_mp3 = new Sound();
_mp3.addEventListener( Event.COMPLETE, complete );
_mp3.load( new URLRequest( url ) );
//in your main fla call
var song:MP3Pitch  = new MP3Pitch("mySong.mp3");
//this points at an mp3 file that is in the same directory as your published swf