Some tests I’ve done recently mapping a MovieClip onto a sphere using the BitmapTransformer Class from http://www.flashandmath.com.
Click on the image above to see the swf demo. Then anywhere on the sphere and drag to rotate the globe.
Click here to see a funny version of this. (Only if you have a web camera)
Map is from Wikipedia : http://upload.wikimedia.org/wikipedia/commons/b/b9/World_map_with_major_latitude_circles.svg
Download Source: Earth.zip