I use it to inspect video frames by frames, particularly being able to go back one frame. VLC doesn't support it, this thread about the feature is hilarious https://forum.videolan.org/viewtopic.php?t=120627
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I think another sign of a projects long term decline is developers that are all too happy to expand the scope of the project. If that happens I just know that down the line the feature I started using the software because of is down prioritized due to the "need of supporting markdown in the email editor" when the software started as a MSN chat archiver.