[WARN]Keep it Legal - Moderators and admins reserve the right to close threads and ban members that post copyrighted and/or illegal materials. These kinds of activities can get us into trouble, and nobody wants that... so just don't do it. If you have questions on this, ask a moderator.
There will be no discussion of any media content not obtained by legal means.[/WARN]
In other words, yes.
Its a video player that also happens to have a store attached.
It will play most videos, online, offline, FORMAT LIMITATIONS APPLYING. VLC is also worth checking out, its known as the "swiss-army-knife" of media players.