well am now running VLC, and I love it.
It's a pity that I can't just go into Gallery and play it from there and VLC kicks in and takes over, but I like the way you can go into VLC and choose the source from a file list like Windows Explorer (it even tells you how many files/subfolders are in the file at a glance). quality and sound are great, tested it on 1st episode of Roseanne series 6 and nothing jumps out as "ohhhhhh ****"
I'm only an occasional user of vids on a phone, so this suits me perfectly. Oh and it has an equaliser aswell, nice clean gui, and it's orange so sort of ties in with the Wiley colours