Apple has released QuickTime 7 for Windows Public Preview

Welcome to QuickTime 7, the latest version of the world's most advanced digital media technology. Download the public preview to get a first look at the exciting new features in QuickTime 7 for Windows.
New features in QuickTime 7 Player for Windows

* H.264 video playback. Watch movies created with this state-of-the-art, standards-based codec, which delivers exceptional-quality video.
* Surround sound. With QuickTime 7, your PC, and surround speakers, you can enjoy the full effect of your surround sound game or movie.
* New and improved playback controls. Easily change settings including jog shuttle, playback speed, bass, treble, and balance.
* Zero-configuration streaming. QuickTime automatically determines your optimal Internet connection speed and reconnects dropped connections.
* Live resize. Playback continues smoothly as you change the size of the QuickTime Player window

QuickTime 7 for Windows Public Preview