Try This one out
Media Player (trial) - BluMedialab.com | no nonsense mobile app development
The player that plays more media on your Android phone than other apps: from your SD Card or streaming from web.
SD card: WMA, MP3, MP4, M4V, (small!) WMV, MID
Streaming: WMV, M4V, MP4 (also non-progeressive!)
Has a built-in SDcard browser, video RSS reader and webbrowser with Google search.