VLC has been ported to the iPad by Applidium with the blessing of the VideoLan team. The app is currently in submission with Apple and is awaiting approval.
After several month of porting, we are proud to announce the release of VLC for the iPad! This application stands out for two reasons. First, it will be available for free on the AppStore. But that’s not all. VLC is an OpenSource project. We are currently preparing our patches for submission to the main VLC tree. And obviously, we will release our current working tree when the app will hit the AppStore. If everything goes well, VLC for the iPad should be available next week.
VLC (Video Lan Client) is a very popular open source media player for the Mac and other platforms. One of its strengths is the ability to play a wide variety of video formats (chart) and streaming support. We should expect the iPad release as early as next week.
[via MacRumors]