I wrote Knots for myself almost two years ago. It's a sort of a wrapper between MPlayer on device and VLC on desktop computer. VLC 0.9 was just recently released so I thought I could now release this to others too. It's not perfect or bug free, but it should somewhat work. I've only tested it with few different setups so I'd really like to get some feedback about it. More info at:

http://wiki.maemo.org/Knots

Outdated, more info here.