VLC Player FREE
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VLC media player handles tons of formats, from MPEG to FLV and RMBV files. Version 2 has seen some important additions too such as support for 10 bit codes plus multi-threaded decoding for H.264, MPEG-4/Xvid and WebM.
Also useful is the fact that you can use VLC media player to preview files you are downloading since it plays incomplete parts of video files. VLC media player is not just for video playback however. It also offers superb integration with video channel streaming services such as Channels.com giving you access to channels such as ESPN, Reuters and National Geographic. Just right-click or CMD-click on the playlist, select Services
