Is there a video player that can go at various speeds?

The VLC video player allows you to speed up and slow down playback of movies with the >> and << buttons.

There's no indication I can see of the amount of speed-up, and you may have to click the buttons several times to see a difference, but it does work.

I found a way to do it in native windows media player. I'm not sure why it was so deeply hidden, it is almost as if they didn't want people to do it.