From Petr Lastovicka:
Tiny Player uses DirectShow technology, so it can play all audio files, video files and CD/DVD. It can read ID3/Ogg/APE/WMA tags, but cannot modify them. It supports Unicode tags, Unicode file names and UTF-8 freedb records. You can change all keyboard shortcuts, audio buffer length, playlist columns, subtitles color/size/font/vertical position, playback speed, CD drive speed. User interface is not skinable, but you can customize colors and playlist font. Useful functions: single frame step, oscilloscope or spectrum visualization, local and remote freedb, CD-TEXT, equalizer, save audio to WAV file, capture frame. Codecs and filters are not included in this package, I recommend to install FFDShow.