You may not have missed out on much.
Type "vlc iPad app" and google auto populates " vlc iPad app not working" .. "vlc iPad app crashing", but let's say that's not the case, and it works.. Reportedly, it was supposed to allow multiple formats to play on the iPad, however, many reported that only .avi files were playable. Also, there were numerous bugs reported, with many who said they had audio only and no video.
This is not to say that it didn't work out great for others, but the vlc ported app did not share the full fledged flexibility of the desktop version.. The latter having been developed by a different company.
In any case, it's not there to download now anyways, due to one reason or another(see five comments above ). Not a big deal imo, as it wasn't the only way to view variously coded content on the iPad.
As far as Superbike lol'ing at the idea that it was a conspiracy, I have no idea, nor do I really care! The quoted article did however make more a more interesting read than the OP referring to the color of a donkey's genitals.