"VLC is a free open source cross-platform multimedia player for
various audio and video formats. Currently, no official posts,
however, have been made to the news or developers sections of the
VLC website regarding the release candidate.
"The release candidate includes instantaneous pausing,
frame-by-frame playback, on-the-fly recording and finer speed
control during playback. New decoders in the release include the
AES3, Dolby Digital Plus, True HD/MLP and Blue-ray Linear PCM
decoders. Improvements have also been made to playback of RealMedia
files and to the TS de-multiplexer for M2TS files from Blu-ray and
AVCHD, in addition to fixes to 5.1 and 7.1 channel decoding and
ordering."