The Windows Phone version of VLC has been updated again. This time the update has a new music player, optimisation of file indexing, there is a new artist view and improved error handling. The app also drops the beta tag but according to developer Thomas Nigro the app is still in beta but they are required to drop the tag by the Windows Phone store.
The apps is looking really good and is a great media player for Windows Phone. VLC for Windows Phone is free from the Windows Phone Store.