Hi, I cannot get this img tag working.
I have even duplicated the ActionScript in a 'test' fla from the
TextEnhancments.fla that comes with Flash MX 2004 in the Samples folder and
placed a textbox on the Stage called "content" (just like in the exSample), but
it still ain't working. What am I doing wrong? The code's right, the text box
is there, but no luck... help anyone please?

There are several conditions that must be met for img tag to work wrt
textwrapping etc. Read the docs carefully and see if what you have meets
the requirements.