Videos Library is intended to be a drop-in replacement for the default video plugin. It includes several enhancements, requires no configuration, and is open source.
Additional features and details can be found on the wiki:
http://gbpvr.com/pmwiki/pmwiki.php/Plugin/VideosLibrary
Quote:Features
*Watched files will appear with a distinct font. A file is considered in progress after it is 10 seconds in, and finished when it is 10 seconds from the end.
*Remembers the on-screen location of selected items when backing out of directories, sorting, deleting, refreshing, etc.
*Sort button toggles between AlphaNumeric, DateCreated, and Shuffle.
*Refreshes entries when a file system change is detected.
*The delete popup shows which file is selected.
*Faster thumbnails.
Additional features and details can be found on the wiki:
http://gbpvr.com/pmwiki/pmwiki.php/Plugin/VideosLibrary