libvlc on Android for playing FLV/HTTP streams

[some_birdie]

In my application, I need to play FLV/HTTP streams on Android. libvlc supports this function: I've tested my FLV streams with VLC-android player, and it seems to work.

The question is: what is the state of Android version of VLC? I've googled this and haven't found any actual information about Android port of VLC.
A year ago, one of the developers described it as follows:

VLC on android is incomplete, unfinished, buggy, slow, it doesn't even compile.

Why are so much people trying to build it anyway?

Are these words actual today? What problems exist in Android version now? (I've found only 3 tickets in VLC's trac that are associated with Android).
Is the idea to use VLC for my project good or it's better to search some other way?

[Jean-Baptiste Kempf]

Please do not multipost.