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I didn't notice when this was fixed, but all of sudden iTunes and Safari are four-corner resizable on Windows. My QuickTime 7.4.5 was still "broken". Are they four-corner resizable on Mac OS X now?

If you are looking for a lightweight way to watch QuickTime files I recommend QuickTime Alternative.

Bonus:
If you can't stand the bloatware of Windows Media Player, a good alternative is VLC Media Player. Find it here.