Another one to check out is Buzz Player HD, I like this one quite a bit. If you don't want to buy an app then download handbrake HandBrake for free and there is a preset for the iPad to convert different formats to H.264 format. It works pretty fast and I haven't had any problems with it. One thing to keep in mind is a majority of movies are formated for 16:9 but the iPad is 4:3 so you are going to have some dead space above and below the movie. There is a zoom button to fill the entire screen but if you choose that then you will lose view on both sides of the movie.
I searched on the iTunes store for VLC Streamer but it is available there.
Please see the the link.
VLC Streamer for iPhone, iPod touch, and iPad on the iTunes App Store
Is it working or not?
Should i download this one?
I am currently playing almost formats I'd video files on my iPad 2 using vlc player
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Thanks for the heads up on the VLC Streamer app. Works great. Most of my kids videos are WMA format. VLC converts and streams them great. Another must have app for Window7 owners.