Look like this time I missed it otherwise it was released since November 13, 2010 of the our most essential apps VLC player just got updated to version 1.1.5 after a few months otherwise the last three updates were very quick ones. 1.1.2 got released on July 29, 2010, 1.1.3 got released on August 18, 2010 and 1.1.4 got released on August 27, 2010. So, definitely this one took quite a long. Again as they mention, this one is a bug fix release but there are some small new features added in the already long feature set of VLC Media player.
What’s new in VLC Player 1.1.5?
- 1000 Web-shows listing integrated inside VLC’s playlist, provided by MetaChannels.com
- New Game Music Emu (GME) support
- Windows SMB security issue – VideoLAN-SA-1006
- Major updates in translations, and new translations in Asturian, Armenian and Modern Greek
- Mac/PowerPC port fixed in 1.1.4.1
- live .webm streams support
- GPU HD decoding using Intel IGP on Windows, using DxVA2
- Miscellaneous fixes on all Interfaces, Demuxers and Decoders modules
- Codecs updates
So, have you downloaded the latest version yet? Download it from here
Nitish Kumar's Blog 
i just hate it’s orange interface ,now i got the latest black interface version of vlc here is the snapshot http://i.imgur.com/46I8w.jpg i got it from here check this out if are bored that old orangle interface.