ExMplayer

ExMplayer(Extended MPlayer) is a free GUI front-end for MPlayer with thumbnail seeking and tool like media cutter, audio extractor and audio converter.It can play audio,video,dvd files(.vob),vcd files(.mpg,.dat) etc and supports network streaming.Plays hundreds of different video and audio formats, including MPEG-1, -2 and -4 (DivX), H.264, MP3, Ogg Vorbis and AAC. Supports subtitles, subtitle decoding is done using the ASS library.It can play any media formats without any external codecs.
Some other interesting features:
*Using MPlayer Redxii-SVN-r35425-4.6.3
*199 audio & 416 video codecs.
*Thumbnail seeking
*Flow browser
*Media cutter
*Media mixer
*Audio extractor
*Winamp dsp plugins support
*8 Audio effect filters,17 Video effect filter
*Family friendly mode