* VLC 3.0 "Vetinari" is a new major update of VLC.
* VLC 3.0 activates hardware decoding by default, to get 4K and 8K playback!
* It supports 10bits and HDR
* VLC supports 360 video and 3D audio, up to Ambisoncics 3rd order
* Allows passthrough for HD audio codecs
* Can stream to Chromecast devices, even in formats not supported natively
* Can play Blu-Ray Java menus: BD-J
* VLC supports browsing of local network drives and NAS
At the end of the App ProRes White Paper released earlier this morn there's an explicit warning about using ffmpeg:
In some instances, unauthorized codec implementations have been used in third-party software and hardware products. Using any unauthorized implementation (like the FFmpeg and derivative implementations) may lead to decoding errors, performance degradation, incompatibility, and instability.
This means Perian and other software that might use ffmpeg in some form. Clearly it's not working with the current OS and causing problems with AV Foundation, which QuickTime and FCP rely on.
I have studied this last year. Yes there are some decoding bugs sometimes. I have seen them in After Effects in some special case that you can avoid, and in some Blackmagic hardware. No issue in in most softwares (Quicktime, FCP, Adobe softwares, DaVinci etc.). Note : we are not sure the bugs comes from ffmpeg. We fixed a bug last year in the alpha encoding of ProRes 4444, since then we didn't find anything wrong besides that you should use -q 1 (Quality 1, with 4 you can have a little blur in subtle background patterns).
TL;DR : everything is fine but don't use it for broadcast.