Does the JW FLV Media Player support setting start and stop points in the playlist on each file?
For example, in my playlist I want to be able to point to an mp3 from a rtmp stream and say start playback from 00:00:15 and finish playing at 00:00:30.
I don't want the user to be able to play the entire file.
Can the player do this or does this have to be done in javascript?
Any help would be greatly appreciated!

The v3.x players only support the start parameter for RTMP streaming. Use it like this in a playlist:
<meta rel='start'>15</meta>Seconds only.If you can execute PHP scripts on your server, you can use a modified stream.php script that supports start and end/duration parameters for HTTP download NOT RTMP. If you would like to try that, I can post the code and an example location element.
Or you can use the RTMP start parameter to seek to the start position and JavaScript to stop the player when it reaches the end position.