The free 1.0 release, available for OS X (both Intel and PowerPC), Windows, many flavours of Linux and other open-source operating systems, is really all about stability - that’s what eight years of testing will do for you, after all - but it doesn’t hold back on the features, either.
In addition to VLC’s usual effective media-playing, the release also supports frame-by-frame playback, finer speed control, on-the-fly recording for all medias, a host of new decoders, and even support for AirTunes.
http://www.linuxlinks.com/portal/news/article.php?story=20090707143335918