No, VLC is ugly and you have to set it up so subtitles aren't butt-ass-ugly and unreadable.
Just download the
also free cccp codec pak and use
Core Media Player, or something else for all I care.
No hassle, very easy to use, and it looks pretty.
edit: Actually, what the fuck, it went shareware. Don't use Core Media Player if you have to pay for it, that's bullshit, it was free a year ago and they haven't even updated anything.
edit 2: Oh, nevermind, it's still free to use. LOL