I downloaded the nightly trunk of VLC 0.90 on Win32 today.
I've only used it for about 10 minutes, but:
- New privacy warnings - good idea
- Volume goes up to 200% - nice
- The UI has some strange artifacts, but is easy to use
- The preferences window is usable!
- Dragging files from UNC \\server\share\filename causes VLC to crash

