VLC Media Player is headed to the iPhone and is currently waiting for App Store approval. Applidium released the iPad version about a month ago and is now readying a universal update to the popular video player. Only the most current generations of iPhone and iPod Touch have the enough horsepower to decode movies with a fast enough frame rate to be enjoyable, for now. New features Applidium have included with this update are:
Playback should be smoother than the previous version. Indeed, we’ve enabled low-level assembly optimizations to use the ARMv7 core of the Apple A4 processor as efficiently as possible.
It’s still not possible to use the hardware video decoder, so unfortunately in most cases 720p video still won’t play smoothly.