Código :
<center> <div style="width:100%; height:100%; position:absolute; z-index:2;"> <OBJECT classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0" width="80%" height="80%"> <PARAM NAME=movie VALUE="Intro_undercons001.swf"> <PARAM NAME=quality VALUE=high> <PARAM NAME=bgcolor VALUE=#000000> <PARAM NAME=wmode value=transparent> <EMBED wmode="transparent" src="Intro_undercons001.swf" quality=high bgcolor=#000000 width="80%" height="80%" NAME="Intro_undercons001" ALIGN="bottom" TYPE="application/x-shockwave-flash" PLUGINSPAGE="http://www.macromedia.com/go/getflashplayer"> </EMBED> </OBJECT> </div> <div style="width:480; height:360; position:absolute; left:43%; top:21%; z-index:1;"> <object width="480" height="360"><param name="allowfullscreen" value="false" /><param name="allowscriptaccess" value="never" /><param name="movie" value="http://vimeo.com/moogaloop.swf?clip_id=8528352&server=vimeo.com&show_title=0&show_byline=0&show_portrait=0&color=000000&fullscreen=0&autoplay=1" /><embed src="http://vimeo.com/moogaloop.swf?clip_id=8528352&server=vimeo.com&show_title=0&show_byline=0&show_portrait=0&color=000000&fullscreen=0&autoplay=1" type="application/x-shockwave-flash" allowfullscreen="false" allowscriptaccess="never" width="480" height="360"></embed></object> </div>
He probado mediante estilos, poniendo un contenedor con posición relativa, ....y NADA resulta, siempre se acaba activando el video por encima del swf aunque el video esté en una capa inferior (1) y el otro en la superior (2)
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Un abrazo!!!!