Update: 0.5-1 is out.

Changes:

• Added docker which activates on press & hold (on video) and allows bookmarking & download of youtube videos
• Allow downloading of all known video formats for youtube (try to get 720p, 480p, 360p & 240p)
• Use new /media/sdcard path for sdcards in fileman
• Allow fileman to be used horizontally
• Unified "Open URL" & "Open File" to "Open" in pulley menu
• Added "Browse FIles" button to OpenURL page
• Added video position & video duration to cover
• Added initial subtitle support for *.srt files (for it to work rename the srt file to your videofilename [e.g. video.avi with video.srt])

It still needs some work on the subtitle support. Currently font size, color and so on are not configurable but will be in the next versions I guess.
As for subtitle currently only srt files are supported(not all might work correctly) and they must have the same name as the video file but with a different ending (.srt) .