Building on feedback from the 29 million downloads of VLC media player 0.8.5, we bring you version 0.8.6 with many bugfixes, as well as a couple of new features we think you will truly enjoy. Most prominent are probably Windows Media Video 9 and Flash Video. Other important changes are improved H.264 decoding, better Windows Unicode support, a Fullscreen controller and Apple Remote support for Mac OS X.
Have a look here for the full list of changes.
Binary packages and the source code are available on the VLC download page.