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The train & turntable are most probably looping mcs made from some video source like an avi or a mov, or even from an animated gif.
Notice the jump cut in the train (look at the end of the train), that's probably where it's looping. It easier done with the turntable, since it's a back & forth movement.
What's interesting about this is that, although obviously this is not their first movie, these guys haven't protected the movie. Do a FIND in your temporary internet files for *.swf
This movie is named intro.swf. It might appear as intro[1].swf. Drag it (or copy it) to your desktop and import it in Flash 5. Of course you won't have layers, actionscripts or sounds, but you'll be able to analyze how most of their graphic animation is done. Both the train & the turntable will appear as static images (you would need the intro.fla to be able to see the mcs), but you'll get a good idea of how fast(in how many frames) you need to manipulate graphics to achieve what they have! I usually set my frame rate at 12fps and that seems to be the speed at which this was done!
Have fun!
;-)
