foobar2000 is a very recommendable media player. It is developed by Peter Pawlowski, who used to work on Winamp3. It uses a plain and simple UI - no skins, no fuss. While in playback mode, it approximately consumes 1.9 megabytes of RAM. Click on Read More... to see what's new and a download link

Download Link Home Page What's New:
more title formatting functions - $directory(), $greater(), $longer(), $progress(), $select() fixed UTF-8 in $strchr and some others console component for outputting error/info/warning messages new config page with list of components new interfaces in SDK for console and components page updated SSRC resampler added WM_APPCOMMAND handlers, thanks for danbee for sending me #defines from latest windows headers "open directory" rightclick cleanedup playback menu %_time_elapsed% / %_time_remaining% in title formatting completely redesigned status bar, now supports right-aligned text and colors fixed glitch with sorting by path and multiple playlist entries in one file workedaround libflac bug with freeze when seeking past end of file