Bender is a new project under planning/development by Toby Tremayne. From what I can tell, Bender will consume your Transfer.xml file and generate AS3 classes, generate an AS3 proxy with a Transfer-like API for calling your remote services and also translate back and forth from CF to AS3. Seems very cool for getting information out of a ColdFusion backend and into Flex.
There is also talk of a Service layer section to Bender though I haven't seen much information on this piece. Proper architecture would demand an intermediate layer in between the ORM and the Flex remote object calls. It only takes one sneaky 13 year old kid to methodically delete all the information in your database.
Maybe Toby can share some details on how this will all work together.