I wanted to give a shout out to MPlayer as an extremely useful tool for the display and presentation of diverse sets of digital audiovisual media. The project just past 10 years of active development last month. Similar to VLC, MPlayer is offers very comprehensive playback support for a broad range of audiovisual container formats and codecs.
MPlayer's homepage is at http://www.mplayerhq.hu
Although MPlayer is multiplatform command line application there are several user-friendly GUI applications based on MPlayer. My current favorite (Mac only) is http://mplayerosx.sttz.ch/ which offers features such as selectable tracks, playback statistics on CPU, adjustments to track delay (to fix sync), and a broad set of controls for audio/visual equalization, display of aspect ratios, frames rates, etc. Other GUI interfaces of MPlayer include MPUI-hcb and SMPlayer (for Windows).