In an interview with a German website, Rémi Duraffort, a board member of VideoLAN, explained the delays behind the release of the app:
"Unfortunately, VLC uses some features from the libc that Bionic does not implement. For this reason we had to add workarounds to be able to compile and run VLC Media Player. It requires time as some of these workarounds are a bit complex."
VLC Media Player is known in many circles for being great cross platform media player freeware. I myself have it installed on my computers and often use it to watch films and other video files. Once this app hits the Android Market, you can bet that I'll be jumping to get my hands on it, as I have very high expectations for it.
The app is expected to work on Android 1.5+ devices, but also come with the ability to use new audio and video APIs for Gingerbread+ devices.
Image from AndroidGuys