Alright.... I've looked into the effects options further. I've put an active object to use the Subtract effect. Does that achieve the same effect as the Alpha Channel object? I see a color difference between an active with subtract effect on, and an object as using an alpha channel object, but they both give off a similar shading style.
The left shade is using Subtract effect. The right shade is the alpha channel object.They both have the dark shade effect on the right, which i was kind of going for though.
I think the left shade seems to look odd on some monitors, but good on better monitors. So I don't know.... But left shade seems to work on flash, I guess. :-/