I built an rpm for the latest VLC media player thanks to billb for the guidance. It has not been tested by anyone other then myself.
Billb is going to give it a test run and when he does and verifies its stability he will add it to his repository for easy install via yum. The latest vlc has a lot of new features.
One of the cool new features is, That it will play media files over samba so if you had problems previously playing your music shares and media shares using samba that problem is resolved, Another nice addition is the vlc mozilla plugin, which the controls work. You can full screen you tube by clicking the picture and shrink it back to the browser with another click of the picture. It has support for flac and much much more.
Anyways let's hope the test run goes well currently everything works for me.