K-lite mega codec pack:
1) It is totally open source
2) Up to date
3) Already includes a portable Media Player Classic
4) Just needs the codecs to be portoble
4a) or integrate codecs with already portable media player classic
5) The mega package already has quicktime alternative and realplayer alternative>>>> BOTH OPEN SOURCE!!!!!
THAT my friends... is the ultimate media player that plays 99.9% of all media types......
Please let it become portable