Something I've been meaning to do for a while now is port our ColorMatrix class to AS3. It's a fairly simple conversion, but is still a handy utility to have on hand.

If you haven't used the ColorMatrix class before, here is the description from when we first released it in 2005:

ColorMatrix provides a way to adjust Brightness, Contrast, Saturation and Hue based on a range of numeric values as well as multiply matrices. The ColorMatrix can then be passed into ColorMatrixFilter to apply color adjustments. The added bonus of ColorMatrix is that it uses the same calculations to generate matrix values as the Flash 8 IDE (with the exception of contrast adjustment which uses linear interpolation to provide a bit more granularity).

Download the updated source here
Here is a quick sample of it in use. This demo is included in the download package.