Finally, last night I made it. Its kinda quick and dirty, but it works, at least for me as I want it :). Here a screenshot:
I made this external help viewer for myself, but I thought if anyone who also finds Help Panel in the way most of the time when working in Flash CS3, might like to use it.
Note: Requires MS. Net Framework v2 or later. Not needed on Vista
// chall3ng3r //