I raving about this. Raving. I was fed up with Windows Media Player. It always does things I don't want it to, lots of things, and its looks miserable. I have tried a lot of alternatives and none of them appealed except one: Songbird. Songbird is a very adaptable media player that will do what you want it to. It will play almost anything, unlike WMP which skip things for no particular reason or because it thinks you have nicked the file.
Songbird is free. Songbird rocks. Just give it a try and then you can do what it does best and that is to record and play stuff in Ogg format or FLAC, lossless audio. Of course it will still play all your MP3s.
Get it HERE