MPlayer CE is a fork of the Team Twiizers MPlayer Wii port.

Changes:

USB LAN Adaptor support fixed (again). Thanks to CountZ3ro for testing. Please note that you will need to install the USB 2.0 cIOS.
cIOS improved to stop conflicts with other homebrew. Please note that now only port0 has usb2 support. All other USB devices (including the USB LAN adaptor) must go in port1. See here for details: http://mplayer-ce.googlecode.com/files/usb.jpg
Horizontal stretch parameter added (see mplayer.conf)
YouTube options added to menu.conf (thanks to Extrems)
Many small bug fixes

http://code.google.com/p/mplayer-ce/