I tried winamp 3 for a while because I really like the skinning stuff that you can do with it, but I recently reverted back to 2. something. Winamp is trying a bit too hard with their latest release. I just want something that plays my music and I can set up playlists easily on. I don't need to have all the bells and whistles that 3 has. Plus its a bit buggy and slow, and some of the ease of use functionality is gone.
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//matt