TUAW reports that VLC is coming to the iPad
VLC, the play-anything video player for the Mac, may soon be available as an iPad app. App maker Applidium has spent months porting the open source player into an iPad app and has submitted it to the App Store. Now they're just waiting for Apple to approve it; if approved, the app will be available next week, and like its big brother on the Mac, the app will be free.VLC coming to the iPad
Having VLC available on the iPad would be hugely beneficial. VLC plays far more video formats than QuickTime or the iPad's built-in video support; on the Mac, I've often said that if VLC can't play it, it can't be played. We don't know yet if VLC on the iPad will allow you to move (for instance) AVI files straight into the VLC program via iTunes or if you'll be required to stream files from a Mac to view them on the iPad. In either case, VLC's ability to play almost any video codec out there would vastly expand the iPad's capabilities.