I've been working on an improved version of the TrajikPlayer. A beta of version 3 has been placed in the MP3 Player section so you can take a look.

Short run-down of the new features:

• Support for multiple playlists.
• Support for high and low bandwidth tracks encoded at user-specified bit rates.
• New XML structure that allows users to configure their own directory structure/track organization.
• Viewers can choose to have the player remember their bandwidth setting use to use.
• New slide-out menu to accomodate new features keeping the main interface uncluttered.
• Minor player functionality explained/outlined in the slide-out menu.
• All this in a 56KB SWF (does not include XML file size).