Okay folks, it’s ready for human consumption. 
The alpha release of Loki Entertainment Software’s public MPEG playback
library is available in the example archive for the latest SDL snapshot:
http://www.devolution.com/~slouken/SDL/download.html
It is somewhat slow, and stop/rewind/skip-to-end are buggy, but it’s
ready for you to test and play with. It has only been tested on a P266
laptop running Linux, so I would love to get feedback on how it works
on your system.
Enjoy!
-Sam Lantinga (slouken at devolution.com)
Lead Programmer, Loki Entertainment Software–
“Any sufficiently advanced bug is indistinguishable from a feature”
– Rich Kulawiec