Our favorite media player, VLC, has finally reached the 1.0 milestone today. This major release introduces numerous bug fixes along with new formats, new codecs and a handful of new features. For those of you not following the release candidates, these include instantaneous pausing, frame-by-frame playback, better live recording and finer speed control during playback.

Overall it is the same solid application capable of playing just about anything you throw at it, but people working with less-common formats may find VLCís newfound support for AES3, Dolby Digital Plus, True HD/MLP and Blue-ray Linear PCM decoders appealing. More details about the release can be found in the change log and on the VLC features page. The open-source media player is of course still cross platform, which means itís available for all supported operating systems, including Windows, Mac OS X and Linux.