Any password protected software (rar/zip/doc/xls/pdf etc) can be unlocked using relevant unlocking software, and all software is available using relevant download methods which most of us know about so theres no way to really protect, all the OP can do is make it difficult.
However, not a flash developer but isnt there away to put text into a flash demo thereby rendering the text "un-copyable" . obviously you can copy the flash demo but not the text in it. Someone else may clarify, never looked into it myself.