Democracy Player makes video on the internet way less frustrating and way more enjoyable. You can subscribe to channels of internet video, download videos, and watch them fullscreen, one after the other, all in one application. Internet video becomes internet TV. It's free, it's Open Source and downloads are available for a multitude of platforms (specifically Mac OS X, Debian, Ubuntu, Fedora, Gentoo and Windows).
This is definitely something I'll be looking at / playing with / keeping an eye on, as although iTunes is cool, it looks like this is not constrained in the way that the iTunes Store constrains iTunes and will hence support way more feeds/sources. Also Open Source has benefits in the long run (support for other formats, hardware and O/S independence are a couple that spring to mind for starters). I'm a bit perplexed as to why they've chosen Quicktime over VLC as the engine for the OS X version though.
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