Dedicated error event class. The class won't be breaking your application which is a good thing. However you won't be notified by the ActionScript debugger when runtime errors occur (such as 'url not found') as they are caught and translated into harmless events.
public function PlayrErrorEvent(type:String)Parameters
public static const NO_PLAYLIST_SELECTED:String = "no_playlist_selected"
public static const PLAYLIST_INVALID_XML:String = "playlist_invalid_xml"
public static const PLAYLIST_STREAM_ERROR:String = "playlist_stream_error"
public static const SOUND_STREAM_ERROR:String = "sound_stream_error"
public static const TRACK_NOT_ADDED_TO_PLAYLIST:String = "track_not_added_to_playlist"
public static const TRACK_OUT_OF_BOUNDS:String = "track_out_of_bounds"