GOM Player is better then VLC, Power dvd, Window Media Player etc.
Formats:
Using DirectShow it will play these formats: AVI, WMV, ASF, MP3, MP4, Matroska, 3GP, Google Video, Flash Video, VOB, Ogg*, OGM, MPEG-1, MPEG-2*, MPEG-4 Part 2, MS MPEG4 V1/2/3, MJPEG, H.263(+)*, H.264 (MPEG-4 AVC)*, Vorbis*, AMR*, QCELP, EVRC, MSVIDC
RealMedia files (requires RealPlayer or Real Alternative installed)QuickTime files (requires QuickTime or QuickTime Alternative installed)
The latest version of GOM Player will playback the following types of discs:
Audio CD (requires Windows 2000 or Windows XP)
DVD (requires MPEG-2 codec installed)
Video CD/SVCD/XCD
GOM Player also supports peer-to-peer video streaming through an official add-on called GOMTV Streamer.