ffdshow

ffdshow is DirectShow decoding filter for decompressing DIVX and XVID movies using libavcodec or xvid with rich set of video postprocessing filters. ffdshow can also be used as a separate postprocessing filter for other decoders.

Features:
· fast video decompression using optimized MMX, SSE and 3DNow! code
· support for different codecs: XviD, all DivX versions, MS WMV, MPEG-1 and - MPEG-2
· image postprocessing for higher playback quality
· automatic quality control: automatically reduces postprocessing level when CPU load is high
· hue, saturation and luminance correction
· experimental sharpening filter
· noising (of course if you want it)
· presets
· completely free software: ffdshow is distributed under GPL
· support for various subtitle formats