MPlayerWii, a native port to the Wii of the popular MPlayer program, has been updated to version 0.03, courtesy of homebrew developer fcorbier. In case you missed the previous releases, this port is already capable of playing a number of audio and video formats, including MP3, Quicktime, WMV, DivX, and even Flash Video. Here's the changelog:

v0.05

* added file folders support
* added fix for PAL widescreen users (set the correct setting in mplayerwii.conf)
* much faster USB reading speed (huge thanks to rodries)

v0.04

* mount/unmount the SD card and/or USB drive so you can swap them out without reloading MPlayerWii
* added USB read-ahead cache
* added preliminary samba network share support
* fixed startup crash when a usblan or usb keyboard is attached
* added network streaming cache
* added video scaling with the nunchuk (use joystick to move, Z button to stretch and C to reset)
* added configuration file (put in the SD root folder)
* new ascii logo by sensah