Play Using VLC Plugin

Play using VLC plugin
Local Example: D:/Videos/Movie.avi
Network Example: //NETWORK-PC/Videos/Movie.avi

Note: On Windows hold the "Shift" key and right click the movie file's icon and the contextual menu will have a new item that says "Copy as Path".

Backslashes and forward slashes are both okay. Only files you can access from your current computer or network will work.