@hans
Stephen Fellner, the author of DvPlayer, says that he might be able to optimize MPEG-2 decoding for the PowerPC 440 chip, assuming that there are enough users to warrant it.
In addition, many if not all recent video cards include logic to help accelerate DVD playback. It would take a coordinated effort between video driver developers to create a standard "video acceleration" library. This would then be available to developers of software such as DVPlayer. Or does this need to be built into each driver? I'm not sure.
Hint. ;-)