I was pleased to find a new version of VLC as I've been waiting a long time for a fix to a problem that prevented the last second of .ape files being played. However, it seems that V2 can't play .ape files at all - at least the ones I've tried.
What happens instead is that the progress bar advances in increments about every 7 seconds or so, while no sound is produced. I've seen the same thing in both Mac OS 10.6 and Windows XP. Is there a work-around or non-default setting that is needed for this file type?