When I finally received my CS4 disks not too long ago I was absolutely thrilled to get my hands on the newest Flash/Photoshop/Dreamweaver (considering that i gave CS3 a miss). I popped the DVD into my mac and clicked the install all option. 30 minutes later I had the apps on my computer, and decided to browse my folder of downloaded youtube FLVs out of boredom and behold! - some application, Adobe Media Player, had re-associated itself with my downloaded files!
Being a patient man, I gave this app a chance to show off what it can do over VLC. I clicked a 3 min FLV file and waited...waited some more...couple minutes now...wait...yep, it froze (my gen.-1 macbook doesn't normally do this...). Wow Adobe, a crappy bundled application that reassigns file associations and doesn't even launch (tried several times, with different FLV files, and still hangs at launch). How original.