I was able to get back VLC on my iPad by following this video. The app fully works on iOS 8 and I couldnt be anymore happier!
The video: http://youtu.be/wwvnOOoAFeQ
The transfer application tool: http://www.itools.cn/itoolsyingwenbanxiazai (scanned on Virustotal and came out negative for viruses)
And here is a backed up VLC app from my ipad if you don't have the VLC app on any other device. I haven't tested it on any other device but hopefully it works out for you guys n gals out there that are in need: https://drive.google.com/file/d/0B1DxND ... sp=sharing