Hi, I switched from RealPlayer 10 to VLC recently, and I have to say that I really like it's minimal and easy interface.
But I would like more control in the fullscreen video department. I really liked the popup control bar that appeared when you moved the cursor during playback. With it, you could pause, play, skip, etc., and it had the progress bar for finding just right the spot in the video you wanted. After you you were done using it, the bar would disappear. I think that would be a great addition.
Also, it would be nice if the cursor disappeared completely in fullscreen mode after being still for three seconds.
Keep up the good work!