Flex 3.4 Illegal override of FlexModuleFactory
An important note for those switching from Flex 3.2 to Flex 3.4
If you have css styles which were compiled (likely in FlexBuilder), you must re-compile them with the Flex 3.4 SDK to get rid of this error.
Line Causing Error
StyleManager.loadStyleDeclarations("yourexternalstyles.swf");
Exact Error Message
VerifyError: Error #1053: Illegal override of FlexModuleFactory in mx.core.FlexModuleFactory.at global$init()