So it's been 2 years since this post, and I see that vlc is still version 3. When is version 4 likely to come out? Is a 5 year wait time reasonable?Why doesn't a similar strategy work for this reverse frame problem?
Because VLC is not precise enough for seeking like that. This will come, but requires MAJOR architecture changes in VLC. I would expect this to come in 4.0 or 5.0.