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Maybe a regular HTML page could be the main homepage with a button or somthing to allow people to go to the Flash version.
Just personal preference, but when I go to a site, I'm looking for information, never looking for Flash and don't want to have to make a choice between a quick loading page of info and a Flash movie.
Skibum's idea is by far the most appealing, their are some very good flash sites out their, but SEO wise they are a waste of time, so a simple link from a HTML index, and site, should allow joe surfer to choose whether he wants the flashy lights, and will probably be fully aware of the speeds he/she gets concerning flash sites.
The newly revealed stats showed that too high a percentage of visitors left before the splash page even finished.
So three weeks ago I removed the splash page --- and my sales have improved noticeably.