![VLC](http://images.videolan.org/images/vlc128x128.png)
- Free, Open Source and cross-platform
- Independant of systems codecs to support most video types
- Live recording
- Instant pausing and Frame-by-Frame support
- Finer speed controls
- New HD codecs (AES3, Dolby Digital Plus, TrueHD, Blu-Ray Linear PCM, Real Video 3.0 and 4.0, ...)
- New formats (Raw Dirac, M2TS, ...) and major improvements in many formats...
- New Dirac encoder and MP3 fixed-point encoder
- Video scaling in fullscreen
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