VPlayer is an Android equivalent of VLC—that most wonderful of media playback programs that will take almost any file format you throw its way and chew through it with ease. And a free alpha version is now available.
VPlayer offers support for virtually any video format you're likely to want (or need)—DivX, Xvid, FLV, MKV, and WMV, just to start. As mentioned, it's only an alpha, so might be on the crashy side, but you've got nothing to lose if format diversity is part of your life. [AppBrain]