I am experiencing this problem, where once a stream is recorded with red5 and I try to play it, the stream plays in a fast-forward manner.
You can reproduce this issue on this link http://www.technogumbo.com/tutorials/Recording-Decent-Quality-Video-And-Audio-With-Flash-and-Red5/
This happens only with Flash Player 17.0.0.169, not on the older versions.
A quick help will be appreciated.
[UPDATE]
I have recorded following stream with red5 v1.0.5 from a swf running at top of flash 17.0.0.169;
http://misc-items.s3.amazonaws.com/elance/sportseed/stream_0018D224-79E3-1AA7-E208-D08C2B3DE7DF.flv
The stream plays fine when the flash player version is < 17 but when it is 17.0.0.169 it plays in a fast-forward way.
Try opening following link on flash player version 17.0.0.169 and on the older versions of flash player, you will notice the issue yourself;
http://misc-items.s3.amazonaws.com/elance/sportseed/html5_video.html
The recent version of Flash Player has addressed this problem.