During my student days, i normally use WinAmp to play all mp3 files. It's some kind of a default media player for students. If i am not mistaken, at that time it's version 2.x (x means some number silly, thanks for asking).
But after a few updates and WinAmp 3.x were released, I feel it's a bit slower and I began my quest for other top mp3 players.
I think I've found the best in the Quintessential Player or for short, the QCD Player.
Why I like it so much:
But i personally think the best features of this player is that it's so stable and lightweight. So..., enjoy!
Download this freeware from -> http://www.quinnware.com/downloads.php
For another fantastic free ware, one for all media players, check my review on VLC Player here.