I love VLC as much as anybody, having used it over the years on several platforms and computers, even to the point of force-uninstalling feature-bloated iTunes from my Apple computer, enjoying the utter simplicity of VLC 1.x Media Library function.
It am saddened to see how VLC 2.x is aping the interface layout of iTunes with a mandatory sidebar that can not be hidden. It strikes me as a strangely Real Networks Real Audio Player like that VLC users are faced (admittedly most non-commercial) with lists and lists of internet radio streams. What happened to the clean and strict focus on playing audio and video files and streams? The version 2 interface is a major setback in presupposing that everybody use VLC in the same way (accesing internet streams), thus rendering it less flexible for the users.
Please note that I have taken the time to write this note in acknowledgement of all the hard work that make VLC what it is. I can't sit silent while the interface is down-watered to playlist based iTunes / Apple-standards.