I wrote a short test using a special component with a fixed size, drawing some lines as a link, then drawing a 30-pixel-wide rectangle on a white background. Here's what it looks like, see below code:

So, referring to the image in question, the second diagram (โcenteredโ) correctly depicts the way Flash Player is played.
Also notice how the inner lines (45 pixels) are inside the rectangle, and the outer lines (15 pixels) align with the outer edges of the rectangle.
This is the test application code:
<?xml version="1.0"?> <mx:Application xmlns:mx="http://www.adobe.com/2006/mxml" xmlns:test="*"> <test:TestCanvas horizontalCenter="0" verticalCenter="0" id="canvas" /> </mx:Application>
And this is the component of TestCanvas :
public class TestCanvas extends UIComponent { public function TestCanvas() { super(); } override protected function measure():void { super.measure(); this.measuredWidth = this.minWidth = 300; this.measuredHeight = this.minHeight = 300; } override protected function updateDisplayList(w:Number, h:Number):void { super.updateDisplayList(w, h); this.graphics.clear(); this.graphics.lineStyle(undefined); this.graphics.beginFill(0xffffff); this.graphics.drawRect(0, 0, w, h); this.graphics.endFill(); this.graphics.lineStyle(0, 0xff0000, 0.5); this.graphics.moveTo(0, 15); this.graphics.lineTo(300, 15); this.graphics.moveTo(0, 45); this.graphics.lineTo(300, 45); this.graphics.moveTo(15, 0); this.graphics.lineTo(15, 300); this.graphics.moveTo(45, 0); this.graphics.lineTo(45, 300); this.graphics.lineStyle(0, 0xff0000, 0.75); this.graphics.moveTo(0, 30); this.graphics.lineTo(300, 30); this.graphics.moveTo(30, 0); this.graphics.lineTo(30, 300); this.graphics.lineStyle(30, 0x0000ff, 0.25, false, "normal", null, JointStyle.MITER); this.graphics.drawRect(30, 30, 240, 240); }