FunkPunk is Flashpunk modified to use Flash display lists instead of software blitting, making it easier to prot flashpunk games to mobile. It is designed to swap out Flashpunk and work without any modifications to the code.
The current version is v0.0 and it is being developed into a fully operational Flashpunk replacement. The source is based on Flashpunk source.
You can obtain the latest version from GitHub repository.
Below is an example game Driller Goriller running in it's original form and using FunkPunk. Control the game using arrows.