the best way to play audio and video on profile or homepage

I was searching for a good music plugin for a while and couldn't find a thing that fitted my needs. Because my users will be able to upload audio and video on there profile it would be great to combine these 2. So after a search around the internet I found a free flash media player ( yes, with a downloadable .fla file) that is even better than i imaged!

check it out on http://www.bezzmedia.com/swfspot/samples/flashcs3/Flash_Media_Player

The plugin reads a xml playlist to show the media. I am wondering if any one know a way to generate a xml file for the elgg mediafiles, or how to change the flash media player script so i reads like the mymusic player plugin for example.