While looking for an alternative to VLC, i stumbled upon Kantaris a new media player. Kantaris is a media player based from the source code of Videolan Client VLC and Bass audio library. It has cool 3d menu, last.fm, cool movie trailer and 3d video library. Also, kantaris support mp3, dvd and cd audio playing(search amazon and last.fm for cd covers and info).
Video Library for your locally saved movies. It searches IMDB database for movie covers and information
3D Movie Trailers
Kantaris media player is still on the early stage and have bugs but i can't wait for the final release.