windows media player
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VLC is currently my default media player. Plays everything and is open source, however it does feel a bit heavy sometimes. Hearing a lot of good things about KMPlayer as well, so might try it out sometime.
MediaMonkey for music and VLC for videos.
Never disappoints.
http://img46.imageshack.us/img46/161/92309971.png
Thanks to Darander, UBi, el2em, DX, huazi, and the the late speedking for filling my requests! Also thanks to every awesome member here
I use Media Player Classic for all of my videos (meaning all of my anime :D ) and for music I use Foobar.
Other than those I don't really use anything else these days.