Flash build does nothing at all

I'm just starting to experiment with the new Flash export feature. Everything broke, as predicted, because I wasn't using strict mode in my scripts. However, I've reduced my script down to essentially nothing, yet the Flash build still does nothing.

My script looks like this:

 #pragma strict
 
 function Update () {
     transform.Translate(0, 0, 100 * Time.deltaTime);
 }

It really does nothing but move the game object it is attached to forward every frame by a time-sensitive amount. I attached this script to my camera. Otherwise, the only other things in my scene is a large cube with a texture on it so I can see my own movement, and a light so I can see anything at all.

Running this project in Unity works perfectly, with my camera moving slowly over the surface of the cube. In Flash, the scene appears but no movement occurs. It's as if the Update function is never getting called (or any other functions for that matter).

I thought for a moment that it may have been due my use of a Mac to do the compilation, but exporting the AngryBots sample game worked correctly (with a few minor glitches).

It's not related to Time.deltaTime either. Placing a static value for the z coordinate in translate still results in no movement.

What's going on here?