No.

This is an alpha version that crashes all the time... Not the final version. If you try it, you'll see why ;)

Incidentally, I chanced upon another source of VLC builds http://vlc-builder.neo-ns.net/vlc-android/

didn't work so well for me but, but still looking forward to watching the progress. I use V-player advanced. Best player I have come across.

MX Video Player has done very well for me before. It would be lovely to have an open source player, though.

Please keep the Second-System Effect in mind!

Works well on my transformer.