I don’t get why everybody loves VLC. The only good thing is it plays most formats, but it doesn’t exactly play them well. It’s not frame accurate, so doing frame-by-frame is useless, when you press pause it stops it like half a second after you pressed the button, skipping forward and back with any accuracy is out the window, etc etc. Daum PotPlayer, a Korean media player (formerly KMPlayer) can play everything that VLC can and unlike VLC, it plays them flawlessly, plus it has a very nice interface (see screenshot below) and consume less resources than VLC.
A snapshot of PotPlayer:
To download Daum PotPlayer, head over to
Doom9's Forum and you have the choice to download the 32-bit or 64-bit version (I recommend the 64-bit edition if you're running Windows 7 x64).
If you're still not convinced about PotPlayer's capabilities, then visit this website (see link below) to read its insightful article. It explains why PotPlayer is truly above and beyond its competition.
The New King of the Software Multimedia Players - Daum PotPlayer