In the time that I’ve been watching the NWS watches, warnings, and advisories, this is the first Red Flag Warning for the SLO County coastal areas that I can recall:

Red Flag Warning
RED FLAG WARNING
NATIONAL WEATHER SERVICE LOS ANGELES/OXNARD CA
421 PM PDT TUE OCT 23 2007
…RED FLAG WARNING IN EFFECT UNTIL WEDNESDAY AFTERNOON FOR SAN LUIS OBISPO…VENTURA COUNTIES AS WELL AS SANTA BARBARA COUNTY EXCEPT FOR THE SOUTH COAST AND LOS ANGELES COUNTY EXCEPT FOR ANTELOPE VALLEY FOR PROLONGED VERY LOW RELATIVE HUMIDITIES AND EAST AND SOUTHEAST WINDS THROUGH WEDNESDAY EVENING..
.SANTA ANA WINDS WILL CONTINUE TO WEAKEN WHILE HIGH PRESSURE OVER THE GREAT BASIN SHIFTS EAST OVERNIGHT. OFFSHORE WINDS WILL PREVAIL TONIGHT WITH THE STRONGEST WINDS WILL OCCUR OVER THE HIGHER
TERRAIN AND IN THE VICINITY OF PASSES AND CANYONS. A WIND ADVISORY CONTINUES FOR ENTIRE VENTURA COUNTY AND AREAS OF LOS ANGELES COUNTY TONIGHT.
A WEAK PRESSURE GRADIANT WILL DEVELOP OVER THE AREA LATE WEDNESDAY AND PERSIST THROUGH SATURDAY AND DIURNAL WIND SHIFTS WILL RESULT. RELATIVE HUMIDITIES WILL BEGIN TO RECOVER ATTHE COAST AND IN THE COASTAL VALLEYS
AS A SEABREEZE BECOMES ESTABLISHED BY WEDNESDAY AFTERNOON AND REDEVELOPS EARLY AFTERNOON THROUGH SATURDAY. WHILE THE COASTAL HUMIDITIES BEGIN TO RECOVER THE INLAND AREA WILL LAG BEHIND AND THE RED FLAG WARNING MAY BE
EXTENDED FOR HIGHER ELEVATIONS DUE TO PROLONGED VERY LOW RELATIVE HUMIDITY THROUGH THURSDAY.
CAZ234-241730-
/O.CON.KLOX.FW.W.0017.000000T0000Z-071024T2300Z/
SAN LUIS OBISPO COUNTY COAST-
421 PM PDT TUE OCT 23 2007
…RED FLAG WARNING REMAINS IN EFFECT UNTIL 4 PM PDT WEDNESDAY FOR PROLONGED VERY LOW RELATIVE HUMIDITY..
A RED FLAG WARNING REMAINS IN EFFECT UNTIL 4 PM PDT WEDNESDAY.
VERY LOW RELATIVE HUMIDITIES AROUND 10 PERCENT WILL PERSIST THROUGH WEDNESDAY AFTERNOON. THE HUMIDITY WILL REMAIN LOW AS EAST WINDS AROUND 10 MPH AND LOCALLY HIGHER TO 20 MPH AND TO 30 MPH OVER THE EXPOSED RIDGE TOPS PERSIST OVERNIGHT. THE WIND WILL GRADUALLY WEAKEN AND BECOME LIGHT ONSHORE BY WEDNESDAY AFTERNOON…HUMIDITY
WILL GRADUALLY RECOVER BY WEDNESDAY AFTERNOON.