New
#11
SPlayer is a nice player for HD res .avi .mp4 .mkv. Unfortunately it doesn't support PGS subs like VLC does. But it's very stable. It does support .srt and idx/sub. Also has built in subtitle search.
WMP12 also supports PGS subs. Trouble with VLC as soon as I touch it, it goes away. It was super stable until version 1.0, as counter-intuitive as that seems. xD :)