DivX Player is a feature-rich video player designed by the same company that owns the DivX format. This application comes as an alternative to using QuickTime for movie playback, supports a wide variety of video and subtitle formats, enables you to stream clips to any DLNA-compatible device, and much more.
The utility features a straightforward interface, provides you with many playback settings, and offers you details about the input files (decoder, render, format, etc.). What's more, you can create playlists containing your favorite movies from your video library.
Another advantage is the fact that it keeps track of the scene you were watching before shutting down the app.
Nonetheless, this program doesn't feel as a Mac app at all. For example, it has a Windows-like appearance when importing videos or managing your library. Another thing I don't like about this utility is the fact that it doesn't support popular formats like FLV or WAV.
In my opinion, DivX Player still requires some work to be done. You can find various video playback utilities that don't bring you the aforementioned flaws and, like DivX Player, come without a price tag.