Free, Open Source and cross-platform
Independant of systems codecs to support most video types
Live recording
Instant pausing and Frame-by-Frame support
Finer speed controls
New HD codecs (AES3, Dolby Digital Plus, TrueHD, Blu-Ray Linear PCM, Real Video 3.0 and 4.0, ...)
New formats (Raw Dirac, M2TS, ...) and major improvements in many formats...
New Dirac encoder and MP3 fixed-point encoder
Video scaling in fullscreen RTSP Trickplay support
Zipped file playback
Customizable toolbars
Easier encoding GUI in Qt interface
Better integration in Gtk environments
MTP devices on linux
AirTunes streaming
New skin for the skins2 interface
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