tell me you have the hotkeys plugin for winamp and i'll believe that wavelength crap :P
but seriously, the older versions of so many softwares are just so much better!
www.oldversion.com is a good place to get them.
back on topic,
http://sourceforge.net/projects/guliverkli/ has some good video related software including a player called Media Player Classic which I saw in action at a friend's place the other day. Lightweight and fast.