If you have skillz :P VLC for OSX has stalled. There is now ZERO dev's working on it.

http://forum.videolan.org/viewtopic.php?f=12&t=59905#p228791

A shame, I hope it doesn't get dropped. Still a great video player for Mac, even if it's stalled.

a good alternative unless you need the most complex options of vlc:
http://code.google.com/p/movist/

That looks really promising, I'll have to check it out. Thanks for the link.

yea, it's neat how it offers to use the Quicktime framework when playing a supported movie format as you can take advantage of the hardware acceleration

VLC for Mac is going through a rewrite. The next version is called Lunettes.
http://wiki.videolan.org/Lunettes

You can test at:
http://wiki.github.com/pdherbemont/Glasses