Under Color fun tab
you can play around with colors, there is absolutely no list of colors to select from. You can write color code to introduce it in the video. Apart from this, through Color Extraction option, you can enter a specific color code to extract it from the video.
Panoramic view (Optimal for Muti-Screen)
Vout/Overlay is another superb feature, allowing video junkies to spread the video on the desktop wall in multiple windows. In this way, you can individually handle, manage and change the position of the video parts separated in windows. To make this effect look awesome, try it on a large HD TV or projector. On the left side enabling Add text option would add the text in each window.
Overlaying logo option comes in handy, you can easily insert a logo (PNG/JPG format) in the video as a watermark. It also helps in overlaying existing logo with an image. To make use of this feature, under Logo tab, specify the full path of image where it is residing, adjust transparency control and allocate the position. The importance of this feature is that you can add the company logo while giving a video presentation.
Kudos to VLC for bringing up sync feature, those who havent used it yet, really missed out an important one. Under Synchronization tab, you can manually manage the A/V (Audio/video) sync and deal with them by adjusting the time. Most of the converted videos lacks A/V sync primarily because of change in FPS (Frames Per Second), this actually invokes the problem of either video or audio lagging behind. For adjusting the A/V sync problem, change the values in Advance of audio over video input pane, positive value refers to as video is lagging behind and conversely is the case with negative values which refers to as audio lagging behind.
Right beneath A/V sync settings, you will find Subtitles settings, to make subtitle properly sync with video, i.e, appears on right time. Adjust the timing in a way as defined in aforementioned criteria for A/V sync, positive values refers to subtitles showing up ahead of video. At the bottom, you can change subtitles speed. It may happen sometimes, on downloading subtitles from different source, or from different author, the speed (FPS) is not aligned with the video FPS, i.e, video running on different FPS and conversely subtitles FPS differs. To cope up with this problem, speeding of the subtitles option helps amazingly.