Hi, as some of you know the spanish mobile & devices user group are
developing open source projects to make easier the flash lite
application development.

Layout Manager and Feather framework have a new friend now! Dandelion
Media Player.

Some features:
Formats supported

* FLV video
* 3GP video
* MP3 audio
* RTMP streaming
* RTSP streaming
* HTTP on-demand

Operative systems

* Nokia Symbian S60
* Nokia Symbian S40
* Windows Mobile 6

Environments

* HTML embedable
* Flash Lite application development

Usability

* 4-way navigation support
* Touch screen support
* Full screen support (3GP not available)
* Play lists
* Play icon centered
* Play, stop and mute buttons
* Current time and total time display
* Volume control
* RTMP seeking
* HTTP seeking to content loaded
* Intelligent controlbar resizement
* Buffer loading icon

You can take a look here (spanish)
http://www.blocketpc.com/2009/06/29/nuevo-proyecto-open-source-dandel...
http://opensource.blocketpc.com/es/dandelionplayer/index.html

or here (english)
http://opensource.blocketpc.com/en/dandelionplayer/index.html

Hope you like it!

Regards,

Marcos