ActionScript 3.0 :: Get To Videos Of The Same Thing From 3 Different Angles To Play In A FLA And Switch Between Them?

This client of wants a flash video player of a model, modeling some clothes.
 
They are going to set up 3 different cameras around her at the same time filming her - one from the front, one from the side and one from the back. Each clip lasts exactly 3mins and they are filming her at THE SAME TIME.
 
Now after this, they want to put a FLASHPLAYER on their website with the video playing in a screen with 3 buttons underneath one saying FRONT VIEW, one saying SIDE VIEW AND one saying BACK VIEW. The three separate videos will be integrated in some way with this one flash file.
 
The video player might start playing the FRONT VIEW first.
 
BUT lets say 30 seconds into the clip I press the SIDE VIEW button the video switches to the side view on 30 seconds - The side view video doesn't play right from the start. Like I said before for example if the person is speaking and says "hello there", if you switch angle by clicking one of the buttons just at the point after she has said the word "hello", you switch to the angle where he is just about to say "there". If you see what I mean.
 
As I said before there are 3 separate video clips:- FRONT VIEW, SIDE VIEW and BACK VIEW. Now I am not sure if these have to be embedded in the FLA file or can be contained in a separate folder on the server so that the SWF can access them. I am worry about streaming over the internet thats why I THINK Flash Media Server3 MIGHT be a solution BUT I don't know. BUT they must be seamless.
 
AGAIN to reiterate...LETS say I am watching the SIDE view 30 seconds after the clip has started and the model starts scatching her head and then AT THAT POINT  I click the front view button below I see the model scratching her head from the front view at THAT precise moment.
 
So all the videos seem to work at the same time to the casual viewer/user and it looks as though you are just switching views whenever you want.
 
I have been looking all over the net to see if someone has produced a working example or if there is a tutorial somewhere but I have found NOTHING.
 
I think there might be a problem pulling this one off as each video clip could be 4-5 MB in size and if they are streaming then there would be download problems and these videos might stop due to people with various bandwidth restrictions UNLESS all the videos were integrated into the flash library and were referenced from within by Actionscript but then the resultant SWF could be HUGE.