Today VLC for Android has been updated to the version 2.03. This new version brings minor bug fixes and improvements as well.
VLC on Android 2.0.3
2.0.3 is an update adding subtitles styles customization and fixing crashes.
VLC media player is a free and open source cross-platform multimedia player that plays most multimedia files as well as discs, devices, and network streaming protocols.
So have you updated VLC player? Comments below.