[Off-topic] Dirk:
From the website:

"SVP allows you to watch any video on your PC file with frame interpolation (like you can watch it on high-end TVs and projectors). It increases frame rate by generating intermediate animation frames between existing ones to produce very smooth, fluid and clear motion. The technology is well-known for a while ("TrimensionDNM", "Motion Plus", "Motionflow" and others), but now it's available for free to PC users with simple GUI and just a couple of mouse clicks.

SVP provides GPU acceleration and it's possible to watch FullHD 1080p-video recalculated to 60Hz in real-time with mid-range CPU and almost any GPU hardware.

SVP actually is not a video player itself, but it enables almost any player to play smooth video."

I've been using this for a few days now and have been blown away by it. The initial kneejerk reaction when using it for the first time is that it's a little odd. We're so used to seeing video played back at the same low frame rates that we've had for decades that it takes a little time for the brain to adapt. For the first couple of hours of using it myself i had no intention of keeping it installed. After the second day of using it you couldn't pay me to go back to watching low frame rate video again! It's a night and day difference.

I could go on being effusive but you really need to try it yourselves to make your own minds up. All i would say is use it for a couple of days. You'll be impressed. The SVP package includes, and is preconfigured for MPC-HC. It does work with other players too though. I would recommend installing the full package using the default settings, ensuring that you've removed any other instances of MPC, Codecs and Filters first. And you do need reasonably decent hardware to run it well too.

Playing back a 1080 video uses 40% on all cores with my 3770K and 25% on my GTX570. I for one am actually glad to have something to run on a daily basis that justifies having spent money on good hardware though. Today i've watched a selection of HD movies and sport and each time it's taken my breath away how life-like everything appears. The clarity and immersion is incredible.

Here are some more links about SVP and HFR video:

Guru3D

Short Wikipedia entry

Interactive Demo

Demo Videos

Here are two short clips from Sons Of Anarchy. The first is normal framerate and the second at 60fps:

Original

HFR

The difference should be immediately obvious watching those two clips. If it's your first time watching HFR playback you might have experienced what people call the 'soap opera effect'. I know i did. That's what takes getting used to, but you soon do. It's LFR video that looks wrong to me now!

The flip side to using Frame Interpolation is artifacting. I found it intolerable with the default SVP settings, but setting 'Artifacts Masking' to 'Strongest' in each Profile has almost completely eliminated it for me. I might notice it once or twice during an entire movie only using that setting. Beside that, you might want to select the option for running SVP at Windows Startup and disabling the SVP On Screen Display too.

It's a profound change. James Cameron and Peter Jackson say it's the future of film. I would agree. Give it a go and see for yourselves.