Play YouTube videos (.flv) that you've downloaded from the Internet. Turn any folder into a playlist by dragging and dropping the folder to the application's window. Play any video in fullscreen by maximizing the window, or resize the window to suit your taste. Advanced users can skin the player and images for a truly custom look and feel; instructions are online at http://lamplite.net/. This software comes with a windows installer, an uninstaller, and launches the player whenever you double click on a local YouTube video.
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