Yeah, k++ Lite Media Codec Pack (with Media Player Classic) is awesome. I use it for playing xvid/divx (common), 3ivx (rarely used), and DVDs. It's exactly what I want in a media player (to play media and not be flashy about it!)
But I've found they aren't always as compatible as they may appear to be. I've had a couple of problems where I couldn't play a .mov file.
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