Koala Player 2.6 XP is windows player for playing movie files with high quality subtitles.
Main Features:
High quality subtitle engine,
Subtitle Autoalign, selected font charset saved,
Subtitle intelligence engine,
Easy GUI: control panel, preview window, context menu,
New default skin,
Visible control panel on full screen mode,
Skin support - with button selection,
Editable skins with Stardock SkinStudio application,
Support for 13 subtitle file formats,
Multilanguage support,
Resizable preview window,
Fullscreen playing,
Custom playback rates,
Command line support,
Pan-scan,
Custom Screen Ratio (saved) and zoom,
Full zoom,
Bookmarks,
S/PDIF output supported for AC3 files - with InterVideo Audio Decoder filter,
Remote control support - WinLIRC,
AviFix module with anti-freeze option - for repairing
corrupted avi files,
Easy subtitle editor,
Playlist,
Preferences window,
Network searching for newest versions,
Auto-hide video window for audio files option,
Drag&Drop,
Playing audio files.

Koala Player XP is the Shareware version. The full version can be purchased by clicking on the "CLICK HERE TO ORDER" button below for around  20USD.