Geek: DirectVobSub - DivX Subtitle viewer plugin for Windows media player

This one may have been around a while, but I have only just found it!

This plugin puts configurable subtitles for DivX and Xvid movies into windows media player. Fonts can be resized, colours changed etc.

Apart from the fact that it works flawlessly, the thing I love about this plugin is that it really nicely anti-aliases the text and puts black outlines around it. Unlike many standalone players, the subtitles look like they were always part of the movie...wicked!

Download it now here.