Bump. There's gotta be something out there...
Azul mediaplayer?
Gotta say I'm not a fan of AVPlayer's interface. Any alternatives with AC3 support?
What about pre-converting your videos? Just remuxing with AC3 -> AAC conversion could be done very quickly, without having to reencode the video. Then, you could play those videos back in almost all clients (including the stock Videos app).
What app would you suggest for pre-converting(transcoding)?