I've written here about how to embed arbitrary fonts in a flash file. This approach works, but it has several downsides.
I understand that SilverLight has a method for using embedded fonts as well, though I've found very little information on it.
But I did recently come across True Font Family.
It's not a 100% solution, since it essentially replaces specifically styled text on your site with dynamic images of that text in the font of your choosing. But, it's got some great benefits.
Plus, they've got a newer version coming out sometime in the fall that'll do all sorts of special effects on the text as it's rendering it.
Depending on your needs, this might be a very viable alternative to Flash.
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