I am building VLC into a system with a bunch of "industrial-grade" (i.e., astoundingly overpriced) MPEG4 encoders with RTSP support. I can get to the stream just fine and the video pops-up great, but after about 5 seconds it starts dropping frames, then degrades to the point where it will play about a second's worth at a time, each punctuated by a 4-5 second gap.
VLC says nothing about frame drops in the error log. In fact, the error log is completely clear after the usual stream acquisition messages. Adjusting VLC caching or encoder settings changes nothing - still the same deterioration at the same rate of occurrance. I'm tending to suspect something with the encoder but can't prove it. It's not the incoming camera signal because the on-screen clock has the stutter, too.
So I'm wondering if somebody else has experienced this and, somewhere, I'm missing the "forehead-slap" solution to the problem.