Hey, thanks for the response.

Below is what I use to play a 720x480 mpeg4 encoded file @850 MHz. 1 Ghz plays the file little smoother.

-fs
#fullscreen

-framedrop
-vfm ffmpeg -lavdopts lowres=1:fast:skiploopfilter=all
# These lower the video quality except some funny colors the video is still nicely watchable

-speed 1.5
1.5X of the original playback speed.

-af scaletempo
to correct the pitch, otherwise sound is so funny.