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Users can now get frame-by-frame advancement, granular speed controls allowing for on-the-fly slower or faster playback, and live recording of streaming video. The toolbars are fully customizable, so you can have only the buttons you need in the interface, there's AirTunes streaming, and there's better integration in Gtk environments. Along with the improvements, VLC continues to offer robust support for a wide range of video and audio formats, including OGG, MP2, MP3, MP4, DivX, HD codecs like AES3, Raw Dirac, and even support for playing back zipped files.
XviD is an open source MPEG-4 video codec designed for everyone. Its purpose is to compress video in order to allow for faster transmission over computer networks or for more efficient storage on computer disks.