I have always been a big fan of VideoLAN - VLC media player, and with the most recent upgrade it looks like the best just keeps getting better.
The biggest improvement over past versions is that the FLV support is much better. So if you download a lot of YouTube (or any of the other video sharing sites) videos, you will no longer have to reload the player if you try to fast forward or rewind. You can check out the full list of features too for this tiny player, if you are not impressed yet. For more on this most recent release, check out the “What is cool in 0.9″ page or check out this video:
VLC media player 0.9.2 - Grishenko from Antoine Cellerier on Vimeo.
