Well, the streaming is quite slow, maybe 5 fps, and WMP just keeps buffering the file forever (5% ... 13% ... 25% ... 8% ... 16% ... 1% ... ); only VLC actually displays the stream. I think the problem is those "failed to wait" errors.

I wonder if VLC can be tweaked to handle the "VIDIOC_DQBUF" errors?

EDIT: The problem is that VLC is ignoring the "size" parameter, and it is transmitting 320x240. No wonder it is so slow.

@luis-garcia:
I'm using the libvlc0 and vlc-nox files from lokidor. I just checked, the link works.