This is my first and the best desktop player I am using, it can play all the older and newer file audio/video file formats without any issues. VLC support also releases frequent updates to smoothen the experience.
Options like subtitles, language selection, equalizer and lot more new additions will definitely make us to choose this one. Very early to use. It is still the best one to use:)
I would rate it 5/5:) Go for it for sure.