So, I found that I was able to compile and build from the Git repository, but not from the tar.gz file hosted on the web. HOWEVER, I am still unable to connect to an RTP stream on a multicast IP address and receive a VLC-x264-encoded a/v stream. If it matters, the stream originates in a Windows environment...but I don't see why it would since the x264 compression should be the same regardless (though the Windows machine is now running 1.1.0-pre1 and the FC12 is running 1.2.0 from the Git repo--I'll be reverting to 1.1.0 to match Windows in testing, but again, I don't expect it to resolve the problem)
I'm trying to get an RTP stream functioning in VLC at the moment, and I haven't had any success so far. When I launch via the shell in Fedora Core 12, and I try to open an RTP stream on my network, the following message appears:
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main interface error: option rtp-caching does not exist
If anyone has any ideas on solving this issue, please let me know. It is very important that I get RTP (or at LEAST UDP) streaming functioning on my Fedora build.