It doesn't look like it'd do it for me. I'm pretty spoiled by Infuse 2 now, visually it looks and feels right at home on iOS, vs something like looks more like a simple list, etc. Infuse 2 is rather sleek, automatically groups seasons in to a single item, integration in to TV database sites to fetch show info and thumbnails, and lots of other visual tricks hidden in the app, as well as unique UIs for landscape and portrait. Ever since they added in the network integration in Infuse 2, I have no need for another video player ever again. Before I used to use Infuse + Video Stream (for it's easy network playing features), but now Infuse 2 can load up videos on my Time Capsule all by itself with no extra software (which I guess isn't anything too special, but leaves me with no features I need outside Infuse). Infuse also plays super nice with subs, and will load subs for anything I've thrown at it, even if the subs are separate from the video file which is nice.
When I was trying out videos players before settling on Infuse, I gave VLC a few chances and it never impressed me too much.