Uhm, XP? You do realize NVIDIA only activated its new video engine in XP several months after launch, right? Assuming that is your problem and you didn't know, I certainly can't blame you either, since that situation is quite screwed up!While back I bought GF8600GT simply because it was best for your buck, after using for little bet, I tried using VLC-player under WinXP playing 720p and 1080P HD video clips. This card simply failed, I even tried updating drivers, it didn't solve my problem. Then I went with ATI HD 2600PRO and my problems went away.
EDIT: Uhm, wait, VLC-Player doesn't even support hardware acceleration as far as I can tell - is the problem that it couldn't even run at all? :|