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vlc video player

VLC is a portable multimedia player, encoder, and streamer supporting many audio and video codecs and file formats as well as DVDs, VCDs, and various streaming protocols.
It includes a large number of popular encoding and decoding codecs.
VLC also has the distinction of being able to play encrypted DVDs on Linux by using the libdvdcss DVD decryption library.

Popular open source media player VLC has almost hit version 1.0 - VLC video player. The developers are in the process of pushing out a release candidate for version 1.0 of the cross-platform media player. The following are some featurs:

   Instantaneous pausing
   Frame by frame playback
   Finer speed control
   New and fixed audio and video decoders
   On they fly zip file decompression and browsing
   On the fly gzip and bzip2 file decompression (ecept for on WIndows)
   Support for DVB-S and ATSC cards on Windows
   Experimental Blu-Ray disc and AVCHD folder support

VLC Video Player's New DVD-Copying Feature Could Run Afoul of the MPAA. This new release can help you to copy encrypted DVDs directly onto your hard drive. You can save videos recorded with the VLC software in numerous file formats, including MPEG-4, AVI, and QuickTime.

VLC video player related resources:
vlc media player
VLC Media Player for Linux - 3GPP Player
Portable VLC Media Player

Software - vlc video player