Pocket DivX Player is a multifunction video and audio player for the PocketPC platform. You can use it to play DivX, OpenDivX, MPEG-4, MPEG-1 videos and MP3 audio files. It comes with a built-in 10-band equalizer, PlayList Editor and more. Pocket DivX Player can automatically associate itself with MPEG, AVI and MP3 files if you choose to. Additional features include brightness control, web streaming, user configurable cache settings, 90 degrees rotation and more.
PocketTV only plays MPEG videos (in an earlier post).
Here is the link:
Pocket DivX Player