Excellent
Clean coding, clean graphics, great automated gameplay (for continous play, hehe I know a thing or two about Flash as well ;)), sound effects were good too, though the explosions were too loud but oh well. There's a little glitch where if you fail and your buddy gets burned and black and stuff, so if there's a remaining bomb that you catch the buddy will suddenly return to normal. This is probably because when you catch a bomb, the buddy MC plays the water splash animation. What I suggest to do is put the splash animation as a seperate movie clip inside the buddy movie clip and this way even when the buddy is moved to another frame (like the burned one) the splash animation won't effect him. You're doing great job on Flash games, keep it up.